Longpoint Realty Partners Acquires Industrial Property From Crown Tysons Properties For $20M In Vienna VA

The property involved in the transaction is an industrial asset located at 8520-8528 Tyco Road in Vienna, VA. The sale price for this property was $20,000,000, and it encompasses a total area of 89,400 square feet, resulting in a price per square foot of $223.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $20,000,000
• Address: 8520-8528 Tyco Road
• Market: Vienna, VA
• Square Footage: 89,400
• Price per Square Foot: $223
• Buyer: Longpoint Realty Partners
• Seller: Crown Tysons Properties - Jim Koon
• Broker Representatives: Shaya Nisnevitz & Bunny Escava - KSR

The key individuals in this transaction include the buyer, Longpoint Realty Partners, and the seller, Crown Tysons Properties, represented by Jim Koon. The brokerage team facilitating the transaction consists of Shaya Nisnevitz and Bunny Escava from KSR. Note from the broker indicates they are actively sourcing off-market warehouses and IOS sites across Virginia, inviting inquiries from those looking to buy or sell.