Office
Debt & Equity

NorthMarq’s Washington, D.C. office negotiates $15 million bridge financing for Westfields office buildings

WASHINGTON, D.C. (December 19, 2018) – Northmarq’s Washington regional office arranged $15 million in Bridge Financing for two class A office assets totaling 89,000 square feet.  The pair of buildings, located in Westfields Corporate Center, are strategically located at the southwestern quadrant of Routes 50 and 28 in Chantilly, Virginia.  The fully renovated assets have proximity to Dulles International Airport, nearby hotels, restaurants and amenities.  The non-recourse financing will assist the sponsor in its’ lease-up with funds available for tenant improvements and leasing commissions.

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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Westfields Office Buildings
Bridge Loan
$15,000,000