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Sandeep Lohia's 6801 Telegraph Development LLC Acquires Former Federal Office Building In Alexandria, VA For $6.65M

Property Image
SOLD
$6,650,000

Virginia

See Similar Deals
Office110,000 SF
Sold 10/13/2023
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Property Image
SOLD

Sandeep Lohia's 6801 Telegraph Development LLC Acquires Former Federal Office Building In Alexandria, VA For $6.65M

6801 Telegraph Road

See Similar Deals
Office110,000 SF
Sold 10/13/2023

Summary

VIRGINIA
Asset Type:Office
Price Per Square Foot:$60
Total Square Footage:110,000 SF
Transaction Type:Sale

The former federal office building located at 6801 Telegraph Road in Fairfax County, Virginia has been sold in a recent transaction. The property, which spans across 10 acres, was sold by the General Services Administration. The buyer, 6801 Telegraph Development LLC, an affiliate of Metro DC Developments, acquired the property for a total of $6.65 million. The office building offers a substantial space of 110,000 square feet.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $6,650,000
  • Address: 6801 Telegraph Road, Alexandria, VA
  • Market: Alexandria, VA
  • Buyer: Sandeep Lohia - 6801 Telegraph Development LLC
  • Seller: General Services Administration
  • Square Footage: 110,000 SF
  • Price Per Square Foot: $60

The sale of the former federal office building at 6801 Telegraph Road was facilitated through an auction conducted by the General Services Administration. The property was successfully acquired by 6801 Telegraph Development LLC, demonstrating the interest of Sandeep Lohia and his company, Metro DC Developments, in expanding their real estate portfolio. This transaction signifies a significant investment opportunity in the Alexandria, VA market for both the buyer and seller.

Players

SELLER

Details

SOLD
IMAGE: 10/13/2023 ADDRESS: 6801 Telegraph Road MARKET: Alexandria, VA ASSET TYPE: Office ~ ACRES: 10 BUYER: Sandeep Lohia - 6801 Telegraph Development LLC SELLER: General Services Administration SALE PRICE: $6,650,000 SF: 110,000 ~ PPSF: $60 NOTE: The General Services Administration has auctioned off the former federal office building at 6801 Telegraph Road in Fairfax County to 6801 Telegraph Development LLC, an affiliate of Metro DC Developments, for $6.65 million.

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