NorthMarq Capital’s Washington, D.C. office arranges permanent financing of $17 million for office/warehouse property in Lorton, Virginia

Office/Warehouse
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WASHINGTON, D.C. (June 16, 2016) – Gary McGlynn, senior vice president/managing director and Kenneth Gentzel, senior vice president/managing director of NorthMarq Capital’s Washington, D.C. based regional office, arranged permanent financing of $17 million for a two building, 230,291 sq. ft. office/warehouse property located in Lorton, Virginia. The property is currently 88.5 percent leased on a multi-tenanted basis.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.