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Washington DC & Mid-Atlantic  + DC Metro  + Industrial  |  July 6, 2021
Paul Bubny
By: Paul Bubny

Davin Makes Debut Acquisition in DC Industrial Market

Davin Holdings has acquired The Dulles Design Center, a 107,018-square-foot flex/industrial property in Sterling, VA, within Loudoun County, through a joint venture with The Davis Companies.  This closing marks Davin’s first acquisition in the DC metro industrial market.  

The acquisition for an undisclosed sum also marks the first deal of the newly formed JV between Davin and The Davis Companies through its value-add real estate fund, Davis Investment Ventures Fund IV.

“We look forward to a long and fruitful relationship with The Davis Companies as we seek to scale a large industrial portfolio over the near term,” said Marc Yavinsky, principal of Davin Holdings. Davin plans to make industrial acquisitions in both the DC metro area and Northern Virginia.

Built in 1991, The Dulles Design Center is an existing flex/industrial building. It’s currently 95% leased and is directly adjacent to Route 28, the primary north-south corridor in eastern Loudoun County. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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