Retail - Debt

NorthMarq’s Washington, D.C. office secures refinancing of $34 million for retail property in Fairfax County, Virginia

WASHINGTON, D.C. (July 30, 2019) – NorthMarq’s Washington, D.C. regional office collaborated on the placement of $34,000,000 in refinancing for a 124,000 square foot, neighborhood shopping center located in Fairfax County, Virginia.  The class A asset is anchored by Aldi Foods, CVS and other national and regional credits.  The subject tenancy, historical occupancy and visibility enabled the NorthMarq team to secure very competitive terms for the ownership.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.