NorthMarq Capital’s Washington DC office secures permanent financing of $32.5 million for retail property in Kingstowne, Virginia
Retail Property
WASHINGTON, DC (January 24, 2018) – NorthMarq Capital’s Washington DC regional office arranged permanent financing of $32.5 million for a retail property consisting of 300,193 sq. ft. located in Kingstowne, Virginia. The property is a community shopping center that is grocery-anchored with a Safeway, TJ Maxx, HomeGoods and World Market. The property is strategically located along Kingstowne Boulevard in the Kingstowne Development in Kingstowne, Virginia located within Fairfax County.
About Northmarq
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.
