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FINMARC 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 […]

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FINMARC 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 […]

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FINMARC 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 […]

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TIFFANY PUGH OF FINMARC MANAGEMENT, INC. ELECTED PRESIDENT OF WOMEN IN RETAIL REAL ESTATE

          Tiffany Pugh, Senior Lease Analyst and Property Manager for Finmarc Management, Inc., has been elected President of Women in Retail Real Estate (WIRRE) for a one-year term. The locally-based organization, which was founded thirty years ago, provides networking and educational opportunities to women working in a variety of roles in […]

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FINMARC 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, […]

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FINMARC 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 […]

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FINMARC 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, […]

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FINMARC 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 […]

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