Avison Young Reps Burke & Herbert in $22M Alexandria Office Purchase
Avison Young has facilitated the $22-million acquisition of 5680 King Centre Drive, a 110,047-square-foot office building in Alexandria, Va.
Jim Kornick and Bill Evans of Avison Young represented the buyer, Burke & Herbert Bank & Trust Company. The seller was not represented by a broker.
The new building allows Burke & Herbert Bank to bring together a large portion of its local workforce, which is currently dispersed across various locations in the area. The new location is more centrally located for its expanding workforce, is certified as a LEED Gold level building and provides additional visibility for the bank.
The bank’s main headquarters will remain at its historic location in Old Town Alexandria.
Burke & Herbert Bank is the oldest bank in the Commonwealth of Virginia and the oldest continuously operating bank in the Washington, DC area.
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.