Sandeep Lohia's 6801 Telegraph Development LLC Acquires Former Federal Office Building In Alexandria, VA For $6.65M
6801 Telegraph Road
110,000 SF
Summary
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.
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