FINMARC MANAGEMENT, INC. COMPLETES $77.5 MILLION ACQUISITION OF TWO-BUILDING 460,000 SQUARE FOOT HIGHLINE AT GREENSBORO
Posted on: 18/08/2026

Finmarc Management, Inc., a diversified commercial real estate investment and management firm headquartered in Bethesda, Maryland, has completed the $77.5 million acquisition of Highline at Greensboro, a two-building portfolio composed of approximately 460,000 square feet of Class “A” 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.

              “Highline at Greensboro are institutional-quality buildings with investment grade tenants. Finmarc’s internal capital allows it to react quickly and enables the company to complete new tenant lease transactions to take the two buildings to full occupancy,” stated Neil Markus, Principal, Finmarc Management. “We remain buyers of office buildings and other assets in Northern Virginia because of our continued confidence in the regional market fundamentals, driven by the presence of a highly-diverse range of industries, the robust economic tentacles provided by the federal government, and a highly-skilled labor force. Our team aggressively pursued this property because it adds to our critical mass of properties in the area, and aligns with our long-term conviction in the market as buoyed by multiple demand drivers.”

The acquisition was fueled by a combination of Finmarc’s recent disposition of an 83,300 square foot flex/office building and an adjacent 6.4-acre parcel within Park East Corporate Center in Chantilly, Virginia; the sale of Capital Marketplace, a 383,000 square foot super-regional shopping center located in North Carolina; and the disposition of Festival at Manassas, a 118,000 square foot shopping center in Northern Virginia. All three sales transactions were completed in the past six weeks.  “Additionally, we are in the process of selling additional assets in the next two to three months that will enable us to acquire an additional $250 to $300 million of assets by reinvesting the harvested proceeds,” stated Markus.

The ten-story buildings totaling 460,000 square feet are comprised of 8401 Greensboro and 8405 Greensboro. Amenities include a 65-person, tenant-only conference center with a business lounge and on-site café, move-in ready spec suites which can accommodate the immediate needs of commercial office tenants, as well as a fitness center, golf simulator, day care facility and adjacent parking garage which can accommodate approximately 1,300 vehicles. The previous owner recently completed $16 million of capital improvements focusing on the addition of tenant-only conference center, other desired amenities, and upgrades to the garage, lobby, façade, elevators and common areas.

The property is served by The Boro, a well-known 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, including CIRCA at The Boro, Fish Taco, North Italia, and Starbucks Coffee. More than 1,600 multifamily units and senior condominium units are also located in the immediate area.

Highline at Greensboro is conveniently situated adjacent to the Spring Hill Metro station, VA Route 7, and the Dulles Toll Road (VA Route 267). The site is three minutes from the Capital Beltway (Interstate 495), 15 minutes from Dulles International Airport, and 20 minutes from downtown Washington, D.C.

Highline at Greensboro has benefitted from robust leasing over the past 24 months following the completion of the amenity and capital improvement strategy. The activity includes newly-signed leases with Mortgage One Solutions (23,108 square feet of space) and TEGNA (23,016 square feet), lease expansions with ASC Ortho Management Company, and lease extensions with The MIL Corporation, Rappaport Management Company, and Body Contour Centers.  Leasing services are being provided by Cushman & Wakefield’s Josh Masi and Paige Barger.

              “This acquisition highlights the ability of our team to identify commercial office properties with substantial leasing upside in well sought out submarkets,” Markus added. “We confidently believe that, with an increasing number of companies adopting return-to-work policies, the ongoing flight-to-quality trend will result in properties such as Highline at Greensboro generating sustainable leasing momentum.

In late 2025, Finmarc completed the $51 million acquisition of Dulles Corner, a four-building portfolio composed of nearly 620,000 square feet of Class “A” commercial office space. Shortly thereafter, the company executed a nearly 52,000 lease extension at the building with DLT Solutions. Finmarc’s conviction in the Northern Virginia market was additionally demonstrated by the previous summer’s nearly $40 million purchase of Trinity Centre, a four-building portfolio composed of nearly 500,000 square feet of Class “A” office space located near Dulles International Airport.

Finmarc’s latest acquisition leverages the strength of the Northern Virginia economy and, in particular, the Tysons submarket. Tysons is the largest employment center in Northern Virginia, the second largest regional employment market outside of downtown Washington, D.C., and the home of major corporate offices such as Boeing, Deloitte, KPMG, Northrop Grumman, and Raytheon. More than 100,000 people are employed in the Tysons submarket and 81 percent of all jobs are office-based roles.  

“Market fundamentals remain extremely positive as driven by a highly-diverse industry base, demographics that remain among the most robust in the country, proximity to the nation’s Capital, mature highway and transportation systems, and the presence of an educated and skilled labor force,” Markus added.  “We intend to elevate these assets to 100 percent occupancy with a creative and aggressive marketing and leasing strategy, and to maximize profitability with the implementation of proven asset management protocols administered by our in-house team.”

“The three recent land, commercial office building, and retail shopping center dispositions showcase the ability of our vertically-integrated in-house team to operate successfully within different real estate categories and geographic areas to acquire institutional-quality irreplaceable assets, and leverage our strong brokerage and business relationships to capture maximum value from certain holdings,” Markus said.

Markus explains that Finmarc intends to remain aggressive in its acquisition strategy “especially in the Mid-Atlantic and Southeast markets” where the company envisions “emerging and compelling opportunities” based on corporate and population growth as driven by strong economic conditions and favorable lifestyles.

“The Finmarc team overcomes the stigma of “out-of-state investors,” with our compact decisive and quick decision-making, once we identify an asset that meets our investment criteria,” Markus added. “Our ability to immediately access internal capital positions us as a preferred and proven counterparty, no matter what market we deal in, especially with our strong track record and certainty to close.”

Finmarc Management, Inc. is a fully integrated commercial real estate company that focuses on real estate investment, management, leasing and development of retail, industrial/flex, and office properties throughout the Mid-Atlantic region. The firm presently owns and manages a portfolio encompassing nearly 7.5 million square feet of commercial properties located in Maryland, Washington, D.C., Virginia, Delaware, Pennsylvania, and North Carolina. For additional information visit www.finmarc.com