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FINMARC MANAGEMENT, INC. ACQUIRES RIVERVIEW PLAZA, 185,275 SQUARE FOOT REGIONAL SHOPPING CENTER IN FREDERICK, MD FOR $30 MILLION
(July 9, 2024) – Finmarc Management, Inc., a diversified commercial real estate investment and management firm headquartered in Bethesda, Maryland, has executed the acquisition of Riverview Plaza, a 185,275 square foot regional shopping center in Frederick, Maryland for $30 million. Anchored by TJ Maxx, Michaels, PetSmart, and Bob’s Discount Furniture, and shadow-anchored by The Home […]
View moreFINMARC MANAGEMENT, INC. SELLS 88,000 SQUARE FOOT FLEX/WAREHOUSE BUILDING IN SPRINGFIELD, VIRGINIA FOR $15.9 MILLION
(February 19, 2024) – Finmarc Management, Inc., a diversified commercial real estate investment and management firm headquartered in Bethesda, Maryland, has announced the sale of 8000 Grainger Court, a building containing 88,000 square feet of flex/warehouse space to C2 Imaging for $15.9 million. The asset is part of an 11-building portfolio totaling approximately 740,000 square […]
View moreFINMARC MANAGEMENT, INC. SELLS TWO-STORY, 25,000 SQUARE FOOT FLEX/OFFICE BUILDING IN GAITHERSBURG, MD FOR NEARLY $4.3 MILLION
(January 30, 2024) – Finmarc Management, Inc., a diversified commercial real estate investment and management firm headquartered in Bethesda, Maryland, has announced the sale of 620 E. Diamond Avenue, a two-story building containing approximately 25,000 square feet of flex/office space, to Identity, Inc. for nearly $4.35 million. The asset was part of a nine-building portfolio […]
View moreFINMARC MANAGEMENT, INC. SELLS 280,000 SQUARE FOOT LARGO TOWN CENTER IN UPPER MARLBORO, MARYLAND FOR $70 MILLION
(July 31, 2023) – Finmarc Management, Inc., a diversified commercial real estate investment and management firm headquartered in Bethesda, Maryland, has completed the sale of Largo Town Center, a 280,000 square foot regional retail center located in the Upper Marlboro section of Prince George’s County, Maryland for $70 million. Finmarc acquired the asset in 2019, […]
View moreFINMARC MANAGEMENT, INC. SELLS TWO-STORY, 27,000 SQUARE FOOT COMMERCIAL OFFICE BUILDING IN SPRINGFIELD, VA FOR $6.55 MILLION
(June 6, 2023) – Finmarc Management, Inc., a diversified commercial real estate investment and management firm headquartered in Bethesda, Maryland, has announced the sale of 7375 Boston Boulevard, a two-story building containing nearly 27,000 square feet of commercial office space, to Costco Wholesale for $6.55 million. The asset is part of an 11-building portfolio comprising […]
View moreFINMARC MANAGEMENT ACQUIRES 11-BUILDING INSTITUTIONAL-QUALITY FLEX/OFFICE/DATA CENTER PORTFOLIO IN SPRINGFIELD, VA FOR $127.5 MM
Finmarc Management, Inc., a commercial real estate investment and management firm headquartered in Bethesda, Maryland, has acquired from Boston Properties, Inc. (NYSE: BXP) an 11-building portfolio comprising approximately 740,000 square feet of flex/office, industrial and data center space in Springfield, Virginia for $127.5 million. The single-story and two-story assets, located close to Fort Belvoir, the […]
View moreFINMARC MANAGEMENT AND KPR CENTERS ACQUIRE 760,000 SQUARE FOOT WEGMANS-ANCHORED CENTER IN PHILADELPHIA AREA FOR $161.75 MILLION
Finmarc Management, Inc., a commercial real estate investment and management firm headquartered in Bethesda, Maryland, together with KPR Centers, a real estate investment and operating firm based in New York City, have completed the acquisition of Providence Town Center, a 760,000 square foot retail center located northwest of Philadelphia in Collegeville, Pennsylvania. The purchase price […]
View moreFINMARC MANAGEMENT COMPLETES DISPOSITION OF SIX-BUILDING, 212,000 SQUARE FOOT PORTFOLIO IN MANASSAS, VA FOR $45.8 MILLION
Finmarc Management, Inc., a commercial real estate investment and management firm headquartered in Bethesda, Maryland, has announced the disposition of a six-building portfolio, comprising 212,000 square feet of warehouse/flex space in Manassas, Virginia for $45.58 million. The assets were part of the 26-building portfolio containing approximately 950,000 square feet of commercial office, flex/office and warehouse […]
View moreFINMARC MANAGEMENT, INC. ENTERS NORTH CAROLINA MARKET WITH ACQUISITION OF 383,000 SQUARE FOOT RETAIL CENTER FOR $58 MILLION
Plantation Point Shopping Center, located in Raleigh, North Carolina, is 91% leased and includes anchor tenants Burlington, BJs Wholesale Club, Big Lots, Dollar Tree and LA Fitness Finmarc Management, Inc., a commercial real estate investment and management firm headquartered in Bethesda, Maryland, has entered the North Carolina market with its acquisition of Plantation Point Shopping […]
View moreFINMARC MANAGEMENT, INC. AND KPR SELL 240,000 SQUARE FOOT RED LION PLAZA IN PHILADELPHIA, PENNSYLVANIA FOR $56.45 MILLION
Joint venture group acquired asset in 2013 and created value with addition of Burlington, Ross Dress for Less and a nationally recognized grocery store, as well as developing 20,000 square feet of new space Finmarc Management, Inc., a commercial real estate management and investment firm headquartered in Bethesda, Maryland, together with KPR, a retail estate […]
View moreFINMARC MANAGEMENT, INC. SELECTS TANIA BEALE AS SENIOR PROPERTY MANAGER
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate investment and management company, has selected Tania Beale, CPM as Senior Property Manager. Beale, who brings more than 13 years of diversified commercial real estate experience to Finmarc, was previously a Property Manager for Peterson Companies. In her new role, Beale will assume day-to-day property management […]
View moreFINMARC MANAGEMENT, INC. SELECTS TIFFANY ANDERSON AS DIRECTOR OF PROPERTY MANAGEMENT
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate investment and management company, has selected Tiffany L. Anderson, RPA, FMA as Director of Property Management. Prior to joining Finmarc Management, Anderson worked with The Chevy Chase Land Company as Senior Commercial Property Manager. In her new position, Anderson will oversee the comprehensive operations of Finmarc […]
View moreFINMARC MANAGEMENT, INC. PROMOTES TIFFANY PUGH TO DIRECTOR OF LEASE ADMINISTRATION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate investment and management company, has announced the promotion of Tiffany Pugh to Director of Lease Administration. Formerly Manager, Lease Administration, Pugh was worked for Finmarc Management since 2005 and has more than20 years of business and commercial real estate experience. In her new position with the […]
View moreFINMARC MANAGEMENT, INC. PROMOTES SEAN SULLIVAN TO EXECUTIVE VICE PRESIDENT
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the promotion of Sean Sullivan to Executive Vice President. Previously Vice President, Sullivan has more than 17 years of diversified business and real estate experience and has worked with the company since 2010. Sullivan is responsible for all acquisition and disposition activities for […]
View moreFINMARC MANAGEMENT, INC. SELLS 76,000 SQUARE FOOT BUILDING LEASED BY GIANT FOOD AT SPRINGFIELD PLAZA FOR $39.75 MILLION
Sale follows last week’s disposition of fourteen-building portfolio containing nearing 740,000 square feet of warehouse and industrial space in Woodbridge for $104.2 million Finmarc Management, Inc., a commercial real estate management and investment firm headquartered in Bethesda, Maryland has completed the disposition of a 76,000 square foot retail building fully leased by Giant Food in […]
View moreFINMARC MANAGEMENT COMPLETES DISPOSITION OF FOURTEEN BUILDINGS IN FEATHERSTONE INDUSTRIAL PARK FOR $104.2 MILLION
Warehouse and industrial assets were part of the 16-building portfolio acquired by the Bethesda, Maryland-based commercial real estate and investment firm in 2017 Finmarc Management, Inc., a commercial real estate management and investment firm headquartered in Bethesda, Maryland has announced the disposition of a fourteen-building portfolio containing nearly 740,000 square feet of warehouse and […]
View moreFINMARC MANAGEMENT, INC. SELECTS LOUIS CAMPER III AS SENIOR PROPERTY MANAGER
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the hiring of Louis Camper III to the position of Senior Property Manager. Mr. Camper, who brings more than 15 years of property management experience to the company, was formerly Commercial Property Manager for Weitzman. In his new position, Mr. Camper will assume […]
View moreFINMARC MANAGEMENT ACQUIRES THREE-BUILDING, NEARLY 200,000 SQUARE FOOT FLEX/OFFICE PROJECT IN DULLES/WESTFIELDS, VIRGINIA FOR $33.6 MILLION
Located in Fairfax County, Virginia, Park East I, II and III are collectively 96% leased Finmarc Management, Inc. has acquired Park East I, II and III, a three-building business park comprised of nearly 200,000 square feet of flex/office space for $33.6 million. The assets are located on 23 acres of land, are collectively 96% leased […]
View moreFINMARC MANAGEMENT, INC. SELECTS EDWARD RODRIGUES AS DIRECTOR OF PROPERTY MANAGEMENT
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the selection of Edward Rodrigues as Director of Property Management. Mr. Rodrigues spent the past 18 years as Senior Property Manager for WashREIT and brings more than 21 years of diversified property management and real estate experience to the company. In his new […]
View moreFINMARC MANAGEMENT, INC. HIRES CHRISTOPHER BAIRD AS DIRECTOR OF LEASING
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the hiring of Christopher Baird as Director of Leasing. Formerly Director, Leasing for The CIM Group, Mr. Baird has more than 13 years of experience working in varied aspects of the commercial real estate industry. In his new position with the company, Mr. […]
View moreFINMARC MANAGEMENT, INC. ANNOUNCES INTENTIONS TO ACQUIRE $350 MILLION WORTH OF COMMERCIAL REAL ESTATE ASSETS IN 2021
Bethesda, Maryland based company searching for core and value-add retail, office, flex/office, and warehouse/industrial properties throughout Mid-Atlantic region Finmarc Management, Inc., a Bethesda, Maryland-based privately-owned, commercial real estate firm, has announced its intentions to acquire $350 million worth of commercial real estate assets in 2021. The company is actively in the market for core and […]
View moreFINMARC MANAGEMENT, INC. ELEVATES STEPHEN HALLE TO EXECUTIVE VICE PRESIDENT
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the promotion of Stephen Halle to Executive Vice President, following the retirement of Peggy Castrilli who held the position for the past 16 years. Mr. Halle has more than 35 years of diversified property management and real estate experience, and has worked with […]
View moreFINMARC MANAGEMENT ACQUIRES 11-BUILDING, 440,000 SQUARE FOOT FREDERICK CORPORATE PARK IN FREDERICK FOR $43 MILLION
11 building corporate park overlooking MD Route 355 and near Interstate 270, comprising mix of single-story and two-story buildings, currently 68% leased Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has acquired Frederick Corporate Park, an 11-building portfolio comprised of nearly 440,000 square feet of single-story flex/office and two-story commercial office buildings in […]
View moreFINMARC MANAGEMENT SELLS TWO WAREHOUSE PROPERTIES IN RESTON, VA FOR $4.145 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the sale of the Reston Business Campus, a four-building portfolio comprised of approximately 83,000 square feet of commercial office/flex space to 10th Street LLC for $13 million. The assets, located at 12320, 12330, 12340 and 12350 Pinecrest Drive in Reston, Virginia were 95% […]
View moreFINMARC MANAGEMENT SELLS TWO WAREHOUSE/INDUSTRIAL BUILDINGS IN FREDERICKSBURG, VA FOR $4.145 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the sale of two warehouse/industrial buildings comprising 51,000 square feet of space to Juliad Holdings LLC for $4.145 million. Situated at 115 and 119 Juliad Court in Fredericksburg, Virginia, the assets were leased to four tenants at the time of the disposition. Finmarc […]
View moreFINMARC MANAGEMENT ACQUIRES TELOS CORPORATION HEADQUARTERS IN ASHBURN, VA FOR $26.125 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the acquisition of two-buildings comprised of approximately 190,000 square feet of office and research and development space, that currently serves as the global headquarters for Telos Corporation, for $26.125 million. The project consists of a three-story commercial office building offering just over 110,000 […]
View moreFINMARC MANAGEMENT, INC. SELLS 61,500 SQUARE FOOT TRAVILAH SQUARE IN ROCKVILLE FOR $52.27 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the sale of the Travilah Square Shopping Center, a 61,496 square foot shopping center located in the I-270 Tech Corridor section of Montgomery County, Maryland for $52.272 million to InventTrust Properties Corp. Situated at the intersection of Darnestown Road (MD Route 28) Travilah […]
View moreFINMARC MANAGEMENT, INC. ACQUIRES 250,000 SQUARE FOOT MANAPORT PLAZA SHOPPING CENTER IN NORTHERN VIRGINIA FOR $29.78 MILLION
Finmarc, which acquired nearby Festival Center at Manassas in 2017, “continues to favor underlying demographics of market including growing population and tenant base” Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the acquisition of Manaport Plaza Shopping Center, a 250,000 square foot regional shopping center located at 8345-8443 Sudley Road in […]
View moreFINMARC MANAGEMENT SELLS FIVE BUILDINGS WITHIN VAN BUREN OFFICE PARK IN HERNDON, VA, TOTALING NEARLY 110,000 SQUARE FEET OF SPACE FOR $21 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the sale of five single-story office buildings comprising nearly 110,000 square feet of space within the Van Buren Office Park in Herndon, Virginia for $21 million. The assets were acquired by Lincoln Property Company. Bruce Strasburg and Craig Childs of HFF represented Finmarc […]
View moreFINMARC MANAGEMENT, INC. ACQUIRES 280,000 SQUARE FOOT LARGO TOWN CENTER IN PRINCE GEORGE’S COUNTY, MARYLAND FOR NEARLY $44 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the acquisition of Largo Town Center, a 280,000 square foot regional shopping center located in the Upper Marlboro section of Prince George’s County Maryland for $43.95 million. The asset, which is currently 100% leased and occupied, was purchased from SITE Centers with Bill […]
View moreFINMARC MANAGEMENT SELLS TWO BUILDINGS WITHIN ENTERPRISE CENTER IN CHANTILLY, VA, TOTALING MORE THAN 56,076 SQUARE FEET OF SPACE, FOR $7.2 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the sale of two flex/office/warehouse buildings comprising 56,076 square feet of space within the Enterprise Center in Chantilly, Virginia for $7.2 million. The assets were acquired by 10th Street, LLC. Caulley Deringer and Andrew Hassett of Transwestern represented the seller and Andrew Fallon […]
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View moreFINMARC MANAGEMENT, INC. ACQUIRES FIFTEEN INDUSTRIAL PROPERTIES COMPRISING MORE THAN 750,000 SQUARE FEET ALONG I-95 CORRIDOR IN VIRGINIA FOR $58 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the acquisition of a fifteen-building portfolio comprised of more than 750,000 square feet of industrial and warehouse space situated along the Interstate 95 corridor in Northern Virginia from Stewart Investment Company for $58 million. The portfolio, contained primarily within the Featherstone Industrial Park […]
View moreFINMARC MANAGEMENT, INC. SELLS THREE-STORY OFFICE BUILDING IN CHANTILLY, VA FOR $4.9 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the sale of a three-story 78,327 square foot commercial office building situated at 4100 Lafayette Center Drive within the Enterprise Center in Chantilly, Virginia for $4.9 million. The asset was acquired by Better Lafayette, LLC. Caulley Deringer of Transwestern represented the seller and […]
View moreFINMARC MANAGEMENT, INC. SELLS 18,556 SQUARE FOOT SOUTH VALLEY PLAZA IN ALEXANDRIA FOR $5.72 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the sale of South Valley Plaza, an 18,556 square foot retail center located at 7611 Richmond Highway in Alexandria, Virginia. The asset, which is leased to multiple tenants, and was acquired by Mount Pleasant Properties, LLC. Matt Skalet of KLNB Retail represented Finmarc […]
View moreFINMARC MANAGEMENT, INC. SELLS FULLY-LEASED DATA CENTER BUILDING IN CHANTILLY, VA FOR $22.94 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the sale of a single-story 54,530 square foot data center building situated at 4120 Lafayette Center Drive within the Enterprise Center in Chantilly, Virginia for $22.94 million. The asset, which was 100% leased and occupied at the time of the transaction, was acquired […]
View moreFINMARC MANAGEMENT, INC. ACQUIRES 46,600 SQUARE FOOT FLEX/WAREHOUSE BUILDING IN GAITHERSBURG, MARYLAND FOR $4.95 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the acquisition of a 46,600 square foot flex/warehouse building situated on approximately 4.7 acres of land at 7419-7431 Lindbergh Drive, in the Gaithersburg section of Montgomery County, Maryland. The asset was purchased for $4.95 million from 7419 Lindberg Drive, LLC with Sandy Hunt […]
View moreFINMARC MANAGEMENT, INC. SELLS 71,373 SQUARE FOOT INDUSTRIAL BUILDING IN FAIRFAX, VA FOR $12.6 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the sale of a 71,373 square foot industrial building in Fairfax, Virginia for $12.6 million. The asset was 100% leased to multiple tenants at the time of the sale. Bruce Strasburg, Senior Managing Director of HFF represented Finmarc Management, Inc. with the buyer, […]
View moreFINMARC MANAGEMENT, INC. ACQUIRES 66,000 SQUARE FOOT WAREHOUSE PORTFOLIO IN GAITHERSBURG, MARYLAND FOR $9.2 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the acquisition of a two-building warehouse portfolio comprising more than 66,000 square feet of space on nearly five acres of land. The two single-story assets, located at 7500 and 7510 Lindbergh Drive in the Gaithersburg section of Montgomery County, MD are 100% leased […]
View moreFINMARC MANAGEMENT, INC. SELECTS KELLY CROUGH AS DIRECTOR OF LEASING
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the selection of Kelly M. Crough as Director of Leasing. She was formerly Assistant Vice President for EDGE Commercial Real Estate. In her new role, Ms. Crough will oversee and manage the day-to-day leasing functions for the Finmarc Management portfolio of retail centers, […]
View moreFINMARC MANAGEMENT, INC. ACQUIRES 26 BUILDINGS COMPRISING 950,000 SQUARE FEET IN NORTHERN VIRGINIA FROM FIRST POTOMAC REALTY TRUST FOR $96 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the acquisition of a 26-building portfolio, comprised of approximately 950,000 square feet of commercial office, flex/office and warehouse space in the Northern Virginia marketplace from First Potomac Realty Trust for $96 million. The portfolio is situated throughout Reston, Herndon, Manassas, Merrifield and Chantilly […]
View moreFINMARC MANAGEMENT, INC. SELLS PINEY BRANCH SHOPPING CENTER IN SILVER SPRING, MARYLAND FOR $11.2 MILLION
54,242 square foot neighborhood center is 100% leased Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm has sold Piney Branch Shopping Center, a 54,242 square foot shopping center situated in the Silver Spring section of Montgomery County to an affiliate of JBGR Retail for $11.2 million. Andy Stape, Mat Adler and Vito Lupo […]
View moreFINMARC MANAGEMENT, INC. ACQUIRES FOUR-BUILDING 135,000 SQUARE FOOT OFFICE PORTFOLIO IN COLUMBIA, MD FOR $15.75 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the acquisition of a four-building flex/office portfolio comprising approximately 135,000 square feet of space for $15.75 million. Located at Rumsey Road in the Columbia section of Howard County, and formerly owned by First Potomac Realty Trust, the project is nearly 100% leased. Mark […]
View moreFINMARC MANAGEMENT, INC. ACQUIRES 61,500 SQUARE FOOT TRAVILAH SQUARE SHOPPING CENTER IN ROCKVILLE, MD FOR $22.4 MILLION
Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the purchase of the Travilah Square Shopping Center, a 61,496 square foot shopping center located in the I-270 Tech Corridor section of Montgomery County, Maryland for $22.4 million. Situated at the intersection of Darnestown Road (MD Route 28) Travilah Road, the project consists […]
View moreFINMARC MANAGEMENT COMPLETES FULL-BUILDING, 150,000 SQUARE FOOT LEASE WITH THE UNIVERSITY OF PENNSYLVANIA’S CLINICAL HEALTH CARE ASSOCIATES IN CHERRY HILL, NJ
More than $50 million in renovations and improvements planned for the building formerly occupied by Syms Corporation and acquired by Finmarc in 2013 Finmarc Management, Inc., through an affiliated entity, has completed a long-term lease with Clinical Health Care Associates of New Jersey, P.C., a subsidiary of the University of Pennsylvania and Clinical Practices of […]
View moreFINMARC MANAGEMENT, INC. SELLS 40,000 SQUARE FOOT SHOPPING CENTER IN TYSONS CORNER, VA FOR $31.1 MILLION
Located at 8459 Leesburg Pike, center is 100% leased Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, along with its partners has sold a 40,000 square foot neighborhood retail center located at 8459 Leesburg Pike, in the Tysons Corner section of Northern Virginia for $31.1 million to Retail Properties of America, Inc. […]
View moreFINMARC MANAGEMENT, INC. SELLS 120,000 SQUARE FOOT WAREHOUSE BUILDING IN ELKRIDGE, MD FOR $12.5 MILLION
6740 Dorsey Road is 100% leased to wholesale food distributor Saval Foodservice Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, in partnership with Kodiak Properties, LLC, has sold 6740 Dorsey Road, a 120,186 square foot warehouse and distribution building located in the Elkridge section of Howard County, Maryland for $12.5 million to DCT […]
View moreFINMARC MANAGEMENT, INC. AND NORTHFIELD CONSTRUCTION AND DEVELOPMENT, LLC ACQUIRE .68 ACRE PARCEL IN ALEXANDRIA, VA FOR TOWNHOUSE DEVELOPMENT
Partnership intends to develop luxury townhouse project on site located at intersection of North Henry Street and Pendleton Street in Old Town West section of city Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the purchase of a .68 acre site in the […]
View moreFINMARC MANAGEMENT, INC. ACQUIRES 58,609 SQUARE FOOT INDUSTRIAL BUILDING IN LAUREL, MARYLAND FOR $6 MILLION
Laurel Commerce Center is 100% leased and located adjacent to MD Route 1 Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the purchase of Laurel Commerce Center, a 58,609 square foot industrial building located in the Laurel section of Prince George’s County, Maryland for $6 million. The project is located at […]
View moreFINMARC MANAGEMENT, INC. ACQUIRES 292,000 SQUARE FOOT SHOPPING CENTER IN ST. MARY’S COUNTY, MARYLAND FOR $28.4 MILLION
Wildewood Shopping Center is 95% leased Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the purchase of Wildewood Shopping Center, a 292,000 square foot regional shopping center located in California, Maryland in St. Mary’s County for $28.4 million. The retail project features multiple national anchor tenants including Bed Bath & Beyond; […]
View moreFINMARC MANAGEMENT, INC. SELLS 95,000 SQUARE FOOT BRAFFERTON CENTER IN STAFFORD, VA FOR $22.3 MILLION
Neighborhood shopping center, anchored by Sport & Health, is 98% occupied Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, in partnership with Angelo Gordon of Kodiak Properties, LLC, has announced the sale of Brafferton Center, a 95,000 square foot neighborhood shopping center located in Stafford, Virginia for $22.3 million. Andy Stape, Mat Adler […]
View moreFINMARC MANAGEMENT, INC. AND SPMC URBAN PROPERTIES SELL 32,857 SQUARE FOOT RETAIL BUILDING IN McLEAN, VA FOR $22 MILLION
Two-story project at 8209 Watson Street is 100% leased to Recreational Equipment, Inc. Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, in partnership with SPMC Urban Properties, has announced the sale of 8209 Watson Street, a retail building in McLean, Virginia containing 32,857 square feet of space. The companies sold the property to […]
View moreFINMARC MANAGEMENT, INC. ACQUIRES TWO-BUILDING, 150,000 SQUARE FOOT OFFICE PORTFOLIO IN ALEXANDRIA, VA FOR $31.5 MILLION
Waterfront Center I & II positioned one block from the Potomac River on the Alexandria waterfront Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the purchase of Waterfront Center I and II, a two-building office portfolio in Alexandria, Virginia containing more than 150,000 square feet of commercial office space. The company […]
View moreFINMARC MANAGEMENT SELLS 50,000 SQUARE FOOT OFFICE BUILDING IN VIENNA, VA TO NAVY FEDERAL CREDIT UNION FOR 3.1 MILLION
Building situated at 1021 Electric Avenue is currently unoccupied Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the sale of 1021 Electric Avenue, a 50,000 square foot commercial office building located in the Vienna section of Northern Virginia for $3.179 million to Navy Federal Credit Union. Scott Frankel and David […]
View moreFINMARC MANAGEMENT, INC. PURCHASES AN 85-UNIT RESIDENTIAL BUILDING IN N. VIRGINIA FOR $39.88 MILLION
Building, situated at 3409 Wilson Boulevard in Rosslyn/Ballston Corridor, will be converted into condominium units at the conclusion of $6 million improvement program Finmarc Management, Inc., a commercial real estate firm headquartered in Bethesda, Maryland, has announced through a joint venture the purchase of 3409 Wilson Boulevard, an 85-unit former AKA Luxury Suites Residences located […]
View moreFINMARC MANAGEMENT SELLS SILO INN SHOPPING CENTER IN MONTGOMERY COUNTY FOR $17.42 MILLION
Neighborhood center in Olney anchored by Roots Market grocery store Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the sale of the Silo Inn Shopping Center, a 28,072 square foot neighborhood retail center in the Olney section of Montgomery County, Maryland for $17.42 million. Taylor Georgia, LLC, a real estate investment […]
View moreFINMARC MANAGEMENT SELLS 216,000 SQUARE FOOT BUILDING IN LANDOVER TO SALUS PROPERTY INVESTMENTS FOR $31.65 MILLION
Property utilized as warehouse and specialty storage facility for Library of Congress Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the sale of 1701 Brightseat Road, a 216,000 square foot warehouse building in the Landover section of Prince George’s County, Maryland for $31.65 million. Marc Rampulla, Scott Frankel, Marcy Owens Test […]
View moreFINMARC MANAGEMENT ACQUIRES NINE-BUILDING, 342,000 SQUARE FOOT PORTFOLIO IN WASHINGTON, D.C. SUBURB FROM FIRST POTOMAC REALTY TRUST FOR $33 MILLION
Portfolio in Gaithersburg, Maryland features mix of flex, office, retail and warehouse Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the acquisition of a nine-building, 342,000 square foot portfolio positioned in the City of Gaithersburg in Montgomery County, Maryland, from First Potomac Realty Trust for $33 million. The group of buildings, […]
View moreFINMARC MANAGEMENT SELLS 58-ACRE PORT COVINGTON RETAIL DEVELOPMENT IN BALTIMORE FOR $35 MILLION
Shifting retail patterns in City, combined with emergence of waterfront site as possible mixed use development, suggest potential for repurposing opportunity Finmarc Management, Inc., a Bethesda, Maryland-based commercial real estate firm, has announced the sale of the Port Covington property in the southern section of Baltimore City for $35 million to 2701 Port Covington […]
View moreFINMARC MANAGEMENT, INC. SELLS 120,000 SQUARE FOOT BUILDING IN PRINCE GEORGE’S COUNTY FOR $9.3 MILLION
Project is 100% leased to the Prince George’s County police department Finmarc Management, Inc., in partnership with Potomac Capital and Kodiak Properties, has announced the sale of 1739 Brightseat Road, a 120,427 square foot office/flex building located in the Upper Marlboro section of Prince George’s County, Maryland for $9.3 million to Prince George’s County Government. […]
View moreFINMARC MANAGEMENT, INC. ACQUIRES FORMER SYMS STORE ON 11-ACRES IN CHERRY HILL, NJ
Bethesda-based company monitoring current and emerging real estate environment to determine short-term and long-term leasing and development program Finmarc Management, Inc. has announced the acquisition of a 150,000 square foot retail building formerly occupied by Syms a Store, situated on eleven acres for $4.75 million. The property is centrally located at 1865 East […]
View moreFINMARC MANAGEMENT, INC. ACQUIRES FORMER SMITH LITHO BUILDING IN ROCKVILLE, MD FOR $5.87 MILLION
New owner plans to invest more than $2 million in renovations and improvements Finmarc Management, Inc., through an affiliated entity, has acquired the former Smith Litho building, an 80,000 square foot flex building contained in the Rockville section of Montgomery County for $5.87 million. Kenneth Fellows and Robert Pugh, principals of Edge Commercial Real Estate […]
View moreFINMARC MANAGEMENT SELLS THE SHOPPES OF BURNT MILLS TO REGENCY CENTERS FOR $13.6 MILLION
31,300 square foot center in Silver Spring anchored by Trader Joe’s Four Corners, LLC, an affiliated entity of Finmarc Management, Inc. has sold The Shoppes of Burnt Mills, a 31,300 square foot neighborhood shopping center in Silver Spring, Maryland for $13.6 million. The new owner is Regency Centers, a national owner, operator and developer of […]
View moreFINMARC MANAGEMENT INC. ACQUIRES RED LION SHOPPING CENTER FOR $31.4 MILLION
Finmarc Management Inc. in a joint venture with New York based Katz Properties LLC is pleased to announce the acquisition of Red Lion Shopping Center in Philadelphia, PA for $31.4 million. “Red Lion Shopping Center is an excellent addition to our growing portfolio of shopping centers. Given today’s real estate market, we are very […]
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