NorthMarq Capital’s Washington, D.C. office arranges $32.5 million permanent, fixed-rate financing for Northern Virginia NNN retail portfolio

WASHINGTON, D.C. (November 7, 2016) – Jason M. Smith, senior vice president, Kenneth Gentzel, senior vice president/managing director and Gary McGlynn, senior vice president/managing director of NorthMarq Capital’s Washington, D.C.-based regional office, arranged permanent, fixed-rate financing of $32.5 million for a 107,074 sq. ft. NNN retail portfolio consisting of three class “A” properties located in Fairfax County, Virginia. Tenancy includes: BJ’s Wholesale Club, Walgreens and Bank of America.
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.