$14.7M Medical Office Sale At 50 Tech Pkwy, Stafford, VA - Colliers International, CBRE

The $14.7 million sale of 50 Teach Parkway in Stafford, VA, involved a 94,064-square-foot medical office building. The property, situated in the North Stafford Center for Business & Tech, was 94.5 percent leased at the time of sale and is occupied by tenants including the United States government, BAE Systems, and Space Dynamics Laboratory. The building is located adjacent to Quantico Marine Corp Base and is positioned 43 miles southwest of downtown Washington, D.C.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $14,700,000.00
• Address: 50 Tech Pkwy, Stafford, VA, 22556
• Market: Stafford
• Seller's Reps: Lee Cherwek (Colliers International), Lee Cherwick (CBRE), Will Bradley (Colliers International)
• Buyer: Unknown
• Square Footage: 94,064

Will Bradley, Mark Williford, and Lee Cherwek of Colliers represented the seller, Golden Eagle Group, in the transaction.