Retail - Debt

NorthMarq arranges acquisition financing of $15.6 million for retail property in Alexandria, Virginia

WASHINGTON, D.C. (October 30, 2019) – NorthMarq’s Washington, D.C. debt/equity team collaborated to secure acquisition financing of approximately $16 million for a 45,000 sq. ft. retail property located in Alexandria, Virginia. The property was developed in the supply constrained submarket of Alexandria, which is surrounded by some of the best demographics in the country. 

The property is strategically located approximately one mile from I-495, which provides great access to other major commercial arteries throughout the Washington D.C. Metropolitan Area.

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.