NorthMarq Capital’s Washington, D.C. office arranges acquisition financing of $20 million for Catonsville Plaza in Catonsville, Maryland
WASHINGTON, D.C. (August 15, 2016) – Gary McGlynn, senior vice president/managing director of NorthMarq Capital’s Washington, D.C.-based regional office and Timothy Greisman, vice president of NorthMarq Capital’s Baltimore, MD-based regional office, arranged acquisition financing of $20 million for Catonsville Plaza, a 279,585 sq. ft. retail property located in Catonsville, Maryland. The grocery-anchored shopping center is located just outside the Baltimore city limits. Fifty-three percent of the property’s occupants have been in place for over 10 years.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
