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Finmarc Acquires 460K-SF North Virginia Office Portfolio for $77M
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Finmarc Management, Inc. has completed the $77.5 million acquisition of Highline at Greensboro, a two-building portfolio composed of approximately 460,000 square feet of commercial office space.

The property consists of 8401 and 8405 Greensboro Drive, twin, 10-story office towers located in the Tysons Corner submarket of Northern Virginia, and were 70 percent leased and occupied at the time of the sales transaction. Cushman & Wakefield’s Paul Collins and Kevin Sidney represented the seller, CIM Group. Aaron Rosenfeld of Kelley Drye & Warren LLP provided legal services to Finmarc and Cliff Mendelson of Metropolis Capital Advisors assisted in the debt placement.

The ten-story buildings totaling 460,000 square feet are comprised of 8401 Greensboro and 8405 Greensboro. The property is served by The Boro, a walkable amenity anchored by Whole Foods Market which includes 250,000 square feet of retail space featuring a diverse range of sit-down and fast-casual restaurants.

The post Finmarc Acquires 460K-SF North Virginia Office Portfolio for $77M appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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