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WASHINGTON, DC-Cornerstone Property Fund has secured $35 millionin financing for Chevy Chase Plaza, a 161,500-sf office building.An eight-story structure with a three-level underground parkingfacility, the plaza sits at 5301 Wisconsin Ave. NW in FriendshipHeights.

Mike Riccio, Maury Zanoff and Joe Donato of CBRE Melodyorchestrated the transaction on behalf of the borrower throughHartford Investment Management. Riccio tells GlobeSt.com that,Cornerstone sought the financing on the previously unleveragedclass A asset in order to take advantage of currently low interestrates.

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