8A — November 8 - 21, 2013 — Mid Atlantic Real Estate Journal
www.marejournal.com
d el M AR v A
CBRE represents the seller The Hampshire Companies sell 317,00 s/f VA ind./whse.
ONETA, VA — Todd Crouse, senior vice president and senior Crouse of the Raleigh regional office handles transaction NorthMarq arranges $.392 million acquisition M
director of NorthMarq’s Ra- leigh regional office, arranged financing of $4,392,000 on Food Lion-anchored Moneta Commons Shopping Center in Moneta, VA. The 47,905 s/f retail prop- erty’s financing was based on a 17-year term and a 17-year amortization schedule. NorthMarq arranged the financing for the borrower through its relationship with a correspondent life company. n
5700 Audubon Dr.
Moneta Commons Shopping Center
BALTIMORE, MD — Cassidy Turley , a commer- cial real estate services pro- vider in the U.S., announced the recent completion of a 32,934 s/f lease with Peerless Specialty Flooring at 9060 Junction Dr. in the Baltimore Washington Corridor. This 144,571 s/f building is now 70% leased with only one unit remaining. n Cassidy Turley completes 32,93 s/f lease “With 317,400 s/f of prime industrial space, the building has the capacity, the location and the logistical clout to pro- vide a dynamic distribution or manufacturing resource for any kind of business,” said Igor Derbaremdiker , senior investment manager for the Hampshire Companies. “With its location in the in the heart of Richmond’s most dominant and dynamic industrial submarket, this was ideal transaction for the buyer.” CBRE represented The Hampshire Companies. n RICHMOND, VA — The Hampshire Companies an- nounced the sale of a 317,400 s/f, industrial warehouse lo- cated at 5700 Audubon Dr. in Richmond, VA. The buyer is Easton & Associates. Spanning nearly 16 acres, the distribution warehouse hosts 26’ ceiling and 15 dock high overhead doors with one grade level door. The facility offers easy access to Interstate 64 and the Richmond International Airport, providing a superior location within Richmond’s transportation infrastructure. The property offers the op- portunity to expand the cur- rent building by an additional 100,000 s/f.
We’ve got the capital connections to deliver the right results.
R E C E N T N O R T H M A R Q T R A N S A C T I O N S
River’s Crossing 66 Units TYPE: MULTIFAMILY CITY: ESSEX, MD LENDER: LIFE COMPANY
Pelican Square 144,000 SF TYPE: RETAIL CITY: REHOBOTH, DE LENDER: LIFE COMPANY
Danville Square 82,000 SF TYPE: RETAIL CITY: DUNDALK, MD LENDER: LIFE COMPANY
Real Estate Capital
northmarq.com
33 OFFICES COAST-TO-COAST
Baltimore Office JOE BURKE NANCY FERRELL BILL LIBERCCI TIM GREISMAN 410.296.6565
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