Dan Connaughton And Matt McCarthy Of Reclamation Partners Acquire Industrial Asset In Sterling For $9.75M

This industrial asset located at 21955 Cascades Parkway in Sterling, VA, was sold for a transaction amount of $9,750,000. The property encompasses a total space of 42,000 square feet, equating to a price per square foot of $232.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $9,750,000
• Square Footage: 42,000
• Price Per Square Foot: $232
• Buyer: Dan Connaughton & Matt McCarthy - Reclamation Partners
• Seller: Chris Sullivan - MDI Properties
• Brokers: Isaac R. Setton, Shaya Nisnevitz & Bunny Escava - KSR

Isaac R. Setton and Shaya Nisnevitz, alongside Bunny Escava, represented the transaction through KSR. The brokers noted that they are actively sourcing off-market warehouses and IOS sites across Virginia, inviting engagement from interested buyers or sellers.