Category Archives: News

In Memory of Craig Butchenhart

NorthMarq sadly announces that it has lost one of its long-time leaders, Craig Butchenhart. Craig passed away surrounded by family on June 25, 2020. Craig was a key leader with Legg Mason Realty in 2003 when NorthMarq acquired the 17-city mortgage banking business on the East Coast to complement NorthMarq’s 11-city West and Midwest operation.…

NorthMarq Serves As Advisor on Independence Blue Cross Headquarters

NMA, LLC served as the advisor to Independence Health Group on the acquisition and financing of the Independence Blue Cross Headquarters Building at 1901 Market Street in Philadelphia, PA. The building was acquired for $360 million. 1901 Market Street is approximately 801,000 square feet and is the eighth tallest office tower in Philadelphia. Through our advisory role we were…