Willard Retail Acquires Retail Centers In Chantilly For $147 Million From Beatty Management Co
13884 Metrotech Drive & 13895 Metrotech Drive
$147,000,000
$1/SF
Building Size
147,000,000 SF
Asset Type
Retail
Closing
Jun 18, 2026
About this deal
AI
The transaction involved the acquisition of retail properties located at 13884 Metrotech Drive and 13895 Metrotech Drive in Chantilly, VA. The total sale price for the two retail centers was $147,000,000, covering a combined square footage of 584,577. The price per square foot calculated to $251.46.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $147,000,000
- Square Footage: 584,577
- Price per Square Foot: $251.46
- Buyer: Willard Retail
- Seller: Susi Beatty - Beatty Management Co
Willard Retail, along with Bernstein Management Corp. and Declaration Partners, facilitated this acquisition from Beatty Management Co., reflecting a significant collaboration in the retail sector. The shopping centers involved are identified as Sully Square and Sully Place.
On the Map
$147,000,000
$1/SF
Retail
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Players
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93