Marcus & Millichap Brokers $42 Million Sale Of Industrial Properties In Manassas Virginia

The transaction involved the sale of two adjacent industrial properties located at 12269 & 12249 Livingston Road in Manassas, Virginia. The properties encompass a total of 14 acres and have a combined square footage of 153,000. The finalized sale price was $42,000,000, resulting in a price per square foot of $275.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $42,000,000
• Location: 12269 & 12249 Livingston Road, Manassas, VA
• Total Acres: 14
• Square Feet: 153,000
• Price per Square Foot: $275

Robert (Bob) Filley, Haris Hanifi, Adrian Mendoza, and Brian Hosey from Marcus & Millichap represented the transaction. The properties include the Goode Business Center and Atlantic Building Supply, presenting long-term redevelopment potential for data centers within Northern Virginia's competitive data center corridor.