NorthMarq Capital’s Richmond office arranges permanent financing of $3.5 million for Woody's RE Outlots LLC in Richmond, Virginia
Woody's RE Outlots LLC
RICHMOND (April 22, 2016) – Keith Wells, senior vice president/managing director of NorthMarq Capital’s Richmond based regional office, arranged permanent financing of $3.5 million for Woody’s RE Outlots LLC, a 227,819 sq. ft. retail property located at 7119, 7125 and 7131 Forest Hill Avenue in Richmond, Virginia. The property consists of three ground leases that are adjacent to each other and account for 5.23 total acres.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.