FINMARC MANAGEMENT, INC. EXECUTES $26.36 MILLION SALE OF 83,300 SQUARE FOOT FLEX/OFFICE BUILDING AND 6.4-ACRE PARCEL TO PULTE HOMES
Posted on: 08/07/2026

Finmarc Management, Inc., a commercial real estate investment and management firm headquartered in Bethesda, Maryland, has completed the $26.36 million sale of an 83,300 square foot flex/office building and an adjacent 6.4-acre parcel located within the Park East Corporate Center in Chantilly, Virginia to Pulte Homes. Finmarc acquired the three-building business park comprised of nearly 200,000 square feet of flex/office space in 2021. Cushman & Wakefield’s Brendan May and Paul Norman represented Finmarc and Aaron Rosenfeld of Kelley Drye & Warren LLP provided legal services to the company in this sales transaction.

 Pulte Homes, a national residential construction company headquartered in Atlanta, intends to develop 183 homes on the combined sites totaling approximately 14 acres, including 96 two by two townhomes, 32 condominium flats, and 30, 20-foot townhomes. The company, which is recognized as the third largest home construction firm in the United States, also plans to deliver 25 affordable and workforce dwelling units on the available acreage.

The sale follows Finmarc’s May 2026 disposition of Capital Marketplace, a 383,000 square foot super-regional shopping center located in Raleigh, North Carolina for $80.625 million. Finmarc intends to use the combined more than $106 million in proceeds to fuel the company’s continued appetite for value-add opportunities spanning the commercial office, flex/office, and retail assets classes in the Northeast, Mid-Atlantic, and Southeast sections of the country.

Pulte Home’s acquisition of Park East III, a single-story building located at 13990 Parkeast Circle, leaves two flex/office buildings remaining at the business community owned by Finmarc: Park East I, a 50,700 square foot flex/office building at 14150 Parkeast Circle; and Park East II, a 64,200 square foot flex/office building situated at 14048 Parkeast Circle. Both assets are substantially leased and occupied, and the company intends to continue to own and operate these buildings.

Park East Corporate Center is situated within immediate proximity to VA routes 28 and 50, Interstate 66 and Washington Dulles International Airport, which is approximately 10 minutes from the site. The business community is heavily landscaped, includes walking paths, and is leased by a mix of corporate office end-users and government entities. Two golf clubs are located less than one mile away and a number of shopping centers and retailers are in the immediate area, including Wegmans Food Market.

“The flex/office component of Park East Corporate Center continues to perform exceptionally well, given its strategic position with a robust commercial office and retail corridor, the nearby shopping and transportation amenities and the availability of a diverse industry base and highly-skilled labor force,” explained Sean Sullivan, Executive Vice President of Finmarc Management. “This successful land and building disposition underscores the ability of our vertically-integrated team to acquire irreplaceable assets, and react to opportunities that derive maximum value from certain holdings. We remain committed to preserving the best-in-class office environment that we have established for Park East Corporate Center tenants.”

Sullivan adds that Finmarc targets under-performing properties that provide opportunities to build value with proven leasing and asset management tactics, and reports that “activity has substantially perked up in recent months, given the renewed availability of institutional capital, improved confidence in the local and national economies, and pent-up demand that is matching investor appetites.”

“Finmarc remains highly differentiated from our peer group based on our ability to access internal capital immediately, react decisively to emerging opportunities we uncover, and not be beholden to the opinions of out-of-state investors or a board of directors,” Sullivan added. “We have proven our ability to be ready investors with a strong track record of certainty to close, and intend to remain aggressive in our pursuit of new acquisitions. With our available resources and scale, we are in an ideal position to react to emerging opportunities.”

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