NorthMarq Capital’s Washington, D.C. office arranges permanent financing of $14.5 million for retail property in Leesburg, Virginia
Shopping Center
WASHINGTON, D.C. (February 24, 2017) – Matthew Kohlhoss, senior vice president/senior director of NorthMarq Capital’s Washington, D.C.-based regional office, arranged permanent financing of $14.5 million for a 61,839 sq. ft. retail property located in Leesburg, Virginia. The neighborhood shopping center is located proximate to downtown Leesburg, which is the county seat of Loudoun County, the wealthiest county in the United States. The subject is 97 percent leased and has maintained strong occupancy throughout its history. While there are no anchors at the property, there are a number of national retailers, including: Starbucks, Dunkin’ Donuts, Urban Mattress, Red, Hot and Blue and Papa John’s.
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.
