Cushman & Wakefield Secures $28.7 Million Loan For Manassas Mall In Virginia With Lionheart Capital
8300 Sudley Road
$28,700,000
$30/SF
Building Size
941,574 SF
Asset Type
Retail
Closing
Jun 19, 2025
AI
The asset involved in the transaction is a retail center located at 8300 Sudley Road, Manassas, VA, encompassing a total area of 941,574 square feet. The property has been secured through a loan amounting to $28,700,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $28,700,000
- Address: 8300 Sudley Road
- Market: Manassas, VA
- Asset Size: 941,574 SF
- Brokers: Robert Kaplan, Mark Rutherford, Michael Zelin, Bindi Shah & Ryan McMahon - Cushman & Wakefield
- Borrower: Lionheart Capital
- Funding Provider: Ardent Cos.
- Deal Facilitators: Cushman & Wakefield’s teams in Miami and D.C.
The transaction involved key representatives from Cushman & Wakefield, including Robert Kaplan, Mark Rutherford, Michael Zelin, Bindi Shah, and Ryan McMahon, facilitating the bridge financing deal for Manassas Mall. Lionheart Capital acted as the borrower in this transaction, with funding provided by Ardent Cos., highlighting the collaborative efforts between various firms involved in the financing process.
Players
Manassas Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.55%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93