NorthMarq Capital’s Washington, D.C. office finalizes $10.5 million in permanent financing for Centerpark II in Calverton, Maryland
Centerpark II
WASHINGTON, D.C. (February 12, 2016) – Jason Smith, senior vice president of NorthMarq Capital’s Washington, D.C. based regional office arranged permanent financing of $10.5 million for Centerpark II, a “best-in-class” mid-rise, multi-tenant office property containing 121,674 sq. ft. and located at 4601 Powder Mill Road in Calverton, Maryland.
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.