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Washington DC & Mid-Atlantic  + Virginia  + Industrial  | 

KLNB Brokers Off-Market Sale of 240K-SF Industrial Park in Virginia

KLNB represented both the buyer and the seller in the off-market sale of Redstone Industrial Park, a parcel home to two adjacent buildings totaling 240,000 square feet, located at 11400 & 11500 University Blvd in Manassas, Virginia.

The seller, Boston-based institutional owner Dogwood Industrial, was represented by the KLNB Capital Markets team of Principal Joe Friedman and Associate Josh Norwitz. The buyer, JK Land Holdings, a leader in data center development and industrial ownership in Northern Virginia, was represented by KLNB Principal Ryan Goeller.

In March 2025, DHL eCommerce secured a full-building lease for the 138,000-square-foot facility at 11400 University Blvd. In the adjacent sister building at 11500 University Blvd., metal manufacturer N.J. Sullivan Company, maintains a portion of the space. Both tenants will be remaining and KLNB will oversee all future tenant leasing at the property.

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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.