Institutional Property Advisors Facilitates $19.9M Sale Of Fully Leased Industrial Property In Woodbridge

A fully leased two-building industrial property in Woodbridge, VA has been sold for $19.9 million. The property, located at 15111 Farm Creek Drive and 15151 Farm Creek Drive, spans approximately 8 acres. It offers a total of 139,818 square feet of space at a price per square foot of $142.

Summary of transaction details

• Property Type: Industrial
• Sale Price: $19,900,000
• Square Footage: 139,818
• Price per Square Foot: $142
• Address: 15111 Farm Creek Drive & 15151 Farm Creek Drive
• Market: Woodbridge, VA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, facilitated the transaction. Chandler Pace and Robert Filley from Institutional Property Advisors represented the parties involved in the deal.

NOTE: The sale of this fully leased industrial property in Woodbridge was facilitated by Institutional Property Advisors (IPA), a division of Marcus & Millichap. The property, consisting of two buildings, was sold for $19.9 million.