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Capital Markets Group Completes $7.3MM Sale of Three-Tenant Portfolio in Fairfax County

RICHMOND, VIRGINIA:  Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented the Seller in the disposition of a three-tenant portfolio net leased to Infrasource Underground Construction, Trash Away, and GPM Investments in Newington, Virginia. The properties are situated on ±3.65 acres of I-6 zoned land directly off Interstate 95 in Fairfax County. 

An entity related to 8219 Terminal Road Holdings out of Bethesda, MD, acquired the assets on October 12, 2022, for $7,300,000. Sale negotiations were handled by Catharine Spangler of Cushman & Wakefield | Thalhimer’s Capital Markets Group, along with Johnny Pritzlaff in Thalhimer’s Charlottesville office.  

 

About Cushman & Wakefield | Thalhimer
Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville, and Lynchburg, VA. The company has nearly 100 broker professionals and employs over 425 associates. Thalhimer represents, on behalf of its clients, a property portfolio of over 55 million leasable square feet, and management of over 30 million square feet of commercial property, and over 10,000 multifamily units. In 2021, Thalhimer completed over 2,300 transactions with a transactional volume more than $2.2 billion.  Thalhimer is the region’s leading provider of comprehensive commercial real estate services. The firm offers comprehensive commercial real estate services including corporate services, investment sales, tenant representation, project management, asset management, and the sale and leasing of office, industrial and retail properties.  
To learn more, visit www.thalhimer.com or follow @Thalhimer on Twitter.

Thalhimer’s Capital Markets Group is the region’s leading investment sales team made up of professionals focused solely on capital markets and the sale of income-producing properties throughout Virginia.  The team is experienced in office, industrial, retail and multi-family dispositions and since 2012 has completed 313 transactions totaling over $4.96 billion and over 57.4 million square feet.  

Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

Written on October 14, 2022