Northmarq finalizes $18 million refinance for Sunnyside Industrial Center in Beltsville, MD
WASHINGTON, D.C. (Nov. 15, 2023) — Jason Smith, SVP/managing director, and Gary McGlynn, SVP/managing director, of Northmarq’s Washington, D.C. Debt + Equity team secured the $18 million refinance of Sunnyside Industrial Center. The ±250,000 sq. ft. industrial property is located at 5700 Sunnyside Avenue in Beltsville, Maryland. Northmarq arranged financing on behalf of the borrower through its relationship with a life insurance company.
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