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.
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