NorthMarq Capital’s Washington DC office secures permanent financing of $32.5 million for retail property in Kingstowne, Virginia
WASHINGTON, DC (January 24, 2018) – NorthMarq Capital’s Washington DC regional office arranged permanent financing of $32.5 million for a retail property consisting of 300,193 sq. ft. located in Kingstowne, Virginia. The property is a community shopping center that is grocery-anchored with a Safeway, TJ Maxx, HomeGoods and World Market. The property is strategically located along Kingstowne Boulevard in the Kingstowne Development in Kingstowne, Virginia located within Fairfax County.
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 more than $52 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.
