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Glazer Properties Acquires Backlick Center Retail Complex in Springfield
Cushman & Wakefield has arranged the sale of Backlick Center, a 48,267-square-foot retail complex located on Backlick Road in Springfield, VA. The property is 15 miles south of Washington, DC near the I-95/I-495 interchange.
Cushman & Wakefield’s John Owendoff represented the seller, a real estate fund advised by Crow Holdings Capital, in the transaction. The asset was acquired by Glazer Properties.
“We saw significant interest in this property as investors continue to gravitate to high-quality retail offerings,” said Owendoff.
Backlick Center is situated in a mature, infill market surrounded by residential communities and in proximity to major employers. The center is home to a roster of tenants including Chick-fil-A, Advance Auto Parts, Outback Steakhouse and Taco Bamba, among others.
- ◦Sale/Acquisition


