Retail - Debt

NorthMarq Capital’s Washington, D.C. office arranges acquisition financing of $20 million for retail property in Catonsville, Maryland

WASHINGTON, D.C. (August 15, 2016) – Gary McGlynn, senior vice president/managing director of NorthMarq Capital’s Washington, D.C.-based regional office and Timothy Greisman, vice president of NorthMarq Capital’s Baltimore, MD-based regional office, arranged acquisition financing of $20 million for a 279,585 sq. ft. retail property located in Catonsville, Maryland. The grocery-anchored shopping center is located just outside the Baltimore city limits. Fifty-three percent of the property’s occupants have been in place for over 10 years.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.