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KLNB Secures $29M D.C. Region Industrial Sale
KLNB completed the $28.5 million off-market acquisition of 45190 Ocean Ct. in Sterling, Virginia.
KLNB Principals Ryan Goeller and Chase Stewart, Senior Vice President Jeff Tarae, and Associate Tyler Cumberland represented the buyer, JK Land Holdings (JKLH), in the purchase of the 83,330-square-foot industrial warehouse. In addition to facilitating the acquisition, KLNB has been retained by the new ownership to lead all marketing and leasing of the property.
“By identifying a highly sought-after, off-market property, we were able to create an opportunity that didn’t otherwise exist,” said KLNB Principal Ryan Goeller. “And by showcasing our expertise of the Dulles region’s leasing dynamics, we are positioned to maximize the long-term value of this asset.”
This acquisition is the latest milestone in the long-standing partnership between KLNB and JKLH. The building was previously owned by Sterling Davis Properties LLC, and the current occupying tenant is Belfort Furniture, which is slated to vacate the space in June.
Don’t miss Carter Andrus, Chief Operating Officer of Prologis, as the keynote interview at Connect Industrial Midwest— taking place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, IL.
