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Finmarc Sells Fairfax County Retail Property for $40M
Commercial real estate management and investment firm Finmarc Management Inc. has completed the $39.7 million sale of a 76,000-square-foot retail building fully leased by Giant Food at Springfield Plaza in Fairfax County, VA.
Located at 6364 Springfield Plaza, the property is adjacent to Interstate 95/395 and minutes from the Springfield Interchange. Giant Food has been operating within Springfield Plaza since 1960 and, last year, relocated from its original space into its current 76,000 square foot building with a long-term lease. The expanded space includes an extensive prepared foods department, full meat and seafood services, enlarged natural and organic foods departments and a broader area for fresh-cut fruits and locally-grown produce.
Ryan Sciullo, Chris Bosworth and Bill Kent of CBRE represented Finmarc Management in the sale. The buyer, Signet Springfield, was represented by David Chasin of Pegasus Investments.
- ◦Sale/Acquisition
