GI Partners Acquires Industrial Properties In Fairfax, Sterling, Chantilly & Herndon, VA For $220M

10302 Eaton Place, Fairfax, Virginia 22030, United States

$220,000,000

Building Size

—

Asset Type

Industrial

Closing

Aug 9, 2022

AI

An industrial property portfolio in Fairfax, Sterling, Chantily, and Herndon, VA has been sold for a total of $220,000,000. The portfolio consists of five properties located at 10302 Eaton Place, 12450 Fair Lakes Circle, 21700 Atlantic Boulevard, 14700 Lee Road, and 460 Herndon Parkway.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $220,000,000
Buyer: GI Partners
Seller: Turnbridge Equities - Jason Davis & Fundamental Advisors LP
Brokers: Eric Berkman, Shaun Weinberg & Kevin Sidney - Cushman & Wakefield

The buyer of the industrial property portfolio is GI Partners, while the seller is Turnbridge Equities - Jason Davis & Fundamental Advisors LP. The transaction was facilitated by brokers Eric Berkman, Shaun Weinberg, and Kevin Sidney from Cushman & Wakefield.

Players