Industrial
Debt & Equity

Northmarq’s Washington D.C. office completes $32 million acquisition financing for Union Cross Distribution Center

WASHINGTON, D.C. (August 8, 2022) Gary McGlynn, managing director and Kenneth Gentzel, managing director of Northmarq’s Washington, D.C. debt/equity team, finalized the $32 million acquisition loan for Union Cross Distribution Center. Built in 2022, the 610,000 sq. ft. industrial property is located at 4051 Wallburg Road Winston-Salem, North Carolina. Northmarq arranged the financing through a major life insurance company relationship. 

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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Union Cross Distribution Center
Permanent Loan - Fixed
$32,000,000