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

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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit

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