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Washington DC  + DC Metro  + Industrial  | 
310 Tyson Drive in Winchester, VA

Marcus & Millichap Arranges $12M Sale of Winchester 245K-SF Industrial Property

Marcus & Millichap has arranged the sale of a 244,500-square-foot industrial property located at 310 Tyson Drive in Winchester, VA. The asset sold for $12.2 million, according to Brian Hosey, regional manager of the firm’s Washington, D.C. office.

Christopher Dale, Robert Filley and Randall Heilig, investment specialists in Marcus & Millichap’s Washington, D.C. office, listed the property on behalf of the seller, InterChange Group, Inc., and secured the buyer, Ritz Banc Group.

“The strength of this submarket and the property’s proximity to I-81 created strong interest from a range of investors looking to gain scale in the industrial space,” noted Dale. “Even with a lack of lease term, investors were interested due to the extremely low market vacancy coupled with below-market rents.”

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Marcus & Millichap’s Dale

About Lisa McDuffie

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 he makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition