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Washington DC & Mid-Atlantic  + DC Metro  + Retail  |  May 11, 2021
David Cohen
By: David Cohen

KLNB Brokers $32M Sale of Shopping Center in Virginia

KLNB has brokered the $32.1 million sale of Chesterbrook Shopping Center, an 89,625-square-foot shopping center in McLean, VA.

Located at 6244 Old Dominion Drive, the center has been anchored by Safeway since 1965. Additional tenants at the shopping center include Walgreens, a Starbucks Coffee pad and Mylo’s Grill.

Vito Lupo, Andy Stape and Jake Furnary of KLNB represented the seller, Chesterbrook One LLC, in the transaction. The buyer was Federal Realty Investment Trust, which was managing the center at the time of sale and has a long-standing relationship with the previous ownership.

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KLNB’s Lupo

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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