August 1, 2016

NorthMarq Capital’s Baltimore office arranges $72 million refinance for Columbia Corporate Park in Columbia, Maryland

Columbia Corporate Park

Debt & Equity

Multi-Tenant

BALTIMORE (July 28, 2016) – Joseph Burke, senior managing director of NorthMarq Capital’s Baltimore-based regional office, arranged a $72 million refinance for a 495,000 sq. ft. office property located at 8825, 8830, 8840 & 8850 Stanford Boulevard, 8890 McGaw Road in Columbia, Maryland. The transaction was structured with a 12-year term with four years interest only followed by 30-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

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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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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