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Washington DC & Mid-Atlantic  + Virginia  + Industrial  |  May 27, 2026
Jasmine Kilman
By: Jasmine Kilman

MAG Capital Partners Acquires 362K-SF Manufacturing HQ in Virginia

MAG Capital Partners has acquired a 362,235-square-foot headquarters and manufacturing facility in a sale-leaseback with Musser Biomass and Wood Company, an established operator in the wood fiber industry for 60 years. The 41.74-acre site at 200 Shoal Ridge Drive in Rural Retreat, Virginia, is minutes from Interstate 81 and near Interstate 77.

“The property’s strategic proximity to managed forests, and its massive production capacity and nationwide distribution capabilities, make it a rare find,” said MAG Capital Partners Principal Dax T.S. Mitchell. A Matthews team led by Aria Pournazarian advised on the transaction.

Musser Biomass and Wood Company provides sustainable wood fiber solutions, including a range of products such as heating pellets, livestock bedding, and dry fiber. Based in Dallas, MAG Capital Partners is a private investment firm focused on American industrial real estate and operating companies.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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