$9.7 MILLION LOAN SECURED FOR MARYLAND RETAIL PROPERTY

GLEN BURNIE, MD. — NorthMarq Capital has arranged a $9.7 million loan for the 265,000-square-foot Arundel Plaza in Glen Burnie. The property houses Giant Food and Lowes Home Center. PPM Finance provided financing for the 5-year loan, which carries a 25-year amortization schedule. Gary McGlynn of NorthMarq's Washington, D.C., office and Joseph Burke of the firm's Baltimore office secured the loan.