SOLD
Rock Creek Property Group & Ideal Realty Group Acquire Woodbridge Retail Portfolio For $52.8M
4385 Dale Boulevard, 5429 Mapledale Plaza, 4136 Dale Boulevard & 4338 Dale Boulevard
Retail
470,000 SF
470,000 SF
Sold 257 days ago
Summary
Sale
VIRGINIA
Retail
470,000 sqft
Interstate Management Inc. has sold a portfolio of four retail centers totaling 470,000 square feet in Woodbridge, VA, for $52.8 million. The properties included in the portfolio are located at 4385 Dale Boulevard, 5429 Mapledale Plaza, 4136 Dale Boulevard, and 4338 Dale Boulevard. This transaction marks a significant sale in the Woodbridge market.
Summary of transaction details
- Property Type: Retail
- Sale Price: $52,800,000
- SF: 470,000
- PPSF: $112
- Buyer: Gary Schlager & Andrew Glick - Rock Creek Property Group & Ideal Realty Group
- Seller: Interstate Management Inc
The joint venture involved in the purchase of these retail centers includes Ideal Realty Group, Rock Creek Property Group, and Sigmund Cos. Gary Schlager and Andrew Glick, representing Rock Creek Property Group and Ideal Realty Group respectively, played a key role in the acquisition.
Details
SOLD
IMAGE: Gary Schlager & Andrew Glick
DATE: 08/30/2023
ADDRESS: 4385 Dale Boulevard, 5429 Mapledale Plaza, 4136 Dale Boulevard & 4338 Dale Boulevard
MARKET: Woodbridge, VA
ASSET TYPE: Retail
BUYER: Gary Schlager & Andrew Glick - Rock Creek Property Group & Ideal Realty Group
SELLER: Interstate Management Inc
SALE PRICE: $52,800,000
SF: 470,000 ~ PPSF: $112
NOTE: Interstate Management Inc. has sold a portfolio of four retail centers totaling 470,000 square feet in Daly City, VA, for $52.8 million to a joint venture involving Ideal Realty Group, Rock Creek Property Group, and Sigmund Cos.View on map
Loading...
Address4385 Dale Boulevard, 5429 Mapledale Plaza, 4136 Dale Boulevard & 4338 Dale Boulevard
Comparables
Reset filters to show results.