Finmarc Closes $5M NoVa Office Sale
- Mar 03, 2017
Washington—Finmarc Management Inc. sold a three-story, 78,327-square-foot commercial office building for $4.9 million. The asset situated at 4100 Lafayette Center Drive, within the Enterprise Center in Chantilly, Va., was acquired by Better Lafayette LLC. Caulley Deringer of Transwestern represented the seller and Jue Wang of Premiere Realty LLC represented the buyer in this transaction.
Located near US Route 50/John Mosby Highway and State Route 28, the property is located south of Washington Dulles International Airport and approximately 30 miles from downtown D.C.
“This sale continues our strategy of selectively disposing of certain properties from our portfolio,” explained Neil Markus, principal of Finmarc Management, in a prepared statement. “We intend to utilize the proceeds generated from this sale to fund continuing acquisitions this year, with the goal to acquire approximately $150 to $200 million worth of assets.”
Image courtesy of Finmarc Management