Mar
07
Finmarc Buys Big Industrial Portfolio in NoVa
ByThe company has purchased 15 buildings comprising more than 750,000 square feet in Woodbridge and Fredericksburg, Va.
Woodbridge, Va.—In a $58 million deal, Finmarc Management Inc., of Bethesda, Md., has purchased a 15-building portfolio comprising more than 750,000 square feet of industrial and warehouse space in Northern Virginia’s I-95 corridor, Finmarc announced last Friday.
Thirteen of the buildings are in Featherstone Industrial Park in Woodbridge, and two are in Fredericksburg, Va., roughly 30 miles south. Overall, the portfolio has more than 25 tenants and is 91 percent leased…