Northmarq’s Washington D.C. office arranges $11 million refinance of White Marsh Business Center in Nottingham, Maryland

White Marsh Business Center
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WASHINGTON, D.C. (June 9, 2022) – Kevin Gentzel, vice president of Northmarq’s Washington, D.C. debt/equity team, finalized the $11 million refinance for White Marsh Business Center. The 134,985 sq. ft. industrial flex property (last renovated in 1988) is located at 5020-5026 Campbell Boulevard in Nottingham, Maryland. The transaction was structured with a fully amortizing 30-year term. Northmarq negotiated the permanent-fixed loan for the borrower through its correspondent relationship with a life insurance company.

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 www.Northmarq.com.

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