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PRC Secures $13M Refinancing for Oxon Hill Office Building
Phillips Realty Capital has secured $12.5 million in permanent financing for 6710 Oxon Hill Road, a 117,005-square-foot office building at the National Harbor complex in Oxon Hill, MD.
Built in 1990, 6710 Oxon Hill is a five-story office building situated on nearly eight acres in the National Harbor neighborhood along the Potomac River. As of March 2020, the property was 94% leased to a mix of medical users and both public and private office tenants. The property is managed and owned by Peterson Cos.
Mark Remington, Alec Jenkins and Bill Wrench of PRC secured the financing on behalf of borrower Peterson Cos. through lender Fulton Bank. Terms of the financing were not disclosed.
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- ◦Financing
