NorthMarq Capital’s Washington, D.C. office arranges $32.5 million permanent, fixed-rate financing for Northern Virginia NNN retail portfolio
Retail Portfolio
WASHINGTON, D.C. (November 7, 2016) – Jason M. Smith, senior vice president, Kenneth Gentzel, senior vice president/managing director and Gary McGlynn, senior vice president/managing director of NorthMarq Capital’s Washington, D.C.-based regional office, arranged permanent, fixed-rate financing of $32.5 million for a 107,074 sq. ft. NNN retail portfolio consisting of three class “A” properties located in Fairfax County, Virginia. Tenancy includes: BJ’s Wholesale Club, Walgreens and Bank of America.
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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.
