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Washington DC & Mid-Atlantic  + Virginia  + Industrial  | 

Newmark Arranges $132M Sale of Northern Virginia Industrial Portfolio

Newmark has arranged the $132 million sale of the Featherstone Industrial Portfolio, a 13-building, 734,606-square-foot industrial portfolio in Woodbridge, Virginia, approximately 23 miles south of Washington, D.C.

Senior Managing Director Ben McCarty, Executive Managing Directors Cris Abramson and Will Bradley, Vice Chairman Dustin Volz and Managing Director Nick Signor represented the seller in the transaction.

The portfolio comprises 13 industrial buildings located in the I-95 Corridor of Northern Virginia. The portfolio was 100% occupied at the time of sale and leased to 45 tenants across a diverse range of industries.

Located less than three miles from Interstate 95 and approximately 25 miles from the Pentagon and Reagan National Airport, the portfolio benefits from direct access to the Washington metropolitan area’s population base, transportation infrastructure and labor force.

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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.