NorthMarq Capital’s Washington, D.C. office arranges permanent financing of $17 million for office/warehouse property in Lorton, Virginia
Office/Warehouse
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.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
