Washington DC + DC Metro + Office | August 15, 2023

WTG Properties Sells Springfield Office Building for $14M

Vienna’s WTG Properties has sold a 61,700-square-foot flex property in Springfield, Virginia, has been sold to a Northern Virginia private investor group for $13.96 million, reported by Washington Business Journal.

Located at 7741 Southern Drive in the Springbelt Center Industrial Park, the property has been occupied by Cox Communications since its construction in 1993. The property offers lab, tech, warehouse, and auto repair space on a 10-acre site.

Andrew Fallon and Philip Wellde of SRS Real Estate Partners brokered the sale.

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Andrew Fallon

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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