NorthMarq Capital’s Washington, D.C. office arranges permanent financing of $14.5 million for retail property in Leesburg, Virginia
Shopping Center
WASHINGTON, D.C. (February 24, 2017) – Matthew Kohlhoss, senior vice president/senior director of NorthMarq Capital’s Washington, D.C.-based regional office, arranged permanent financing of $14.5 million for a 61,839 sq. ft. retail property located in Leesburg, Virginia. The neighborhood shopping center is located proximate to downtown Leesburg, which is the county seat of Loudoun County, the wealthiest county in the United States. The subject is 97 percent leased and has maintained strong occupancy throughout its history. While there are no anchors at the property, there are a number of national retailers, including: Starbucks, Dunkin’ Donuts, Urban Mattress, Red, Hot and Blue and Papa John’s.
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.
