{"id":1004121468,"date":"2015-06-17T18:55:32","date_gmt":"2015-06-18T02:55:32","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=353196"},"modified":"2022-12-08T22:15:38","modified_gmt":"2022-12-09T06:15:38","slug":"baton-rouge-multifamily-project-takes-another-step-forward","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/baton-rouge-multifamily-project-takes-another-step-forward\/","title":{"rendered":"JBG Buys Alexandria Warehouse Complex"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\">The JBG Cos. is expanding its Greater Washington portfolio of properties. The company\u2019s latest acquisition is a warehouse complex in Alexandria.<\/p>\n<p style=\"text-align: justify\">The complex occupies a 10.84-acre site at 841-929 South Pickett St., within Alexandria\u2019s Pickett Industrial Park. This location puts it less than a mile and a half from Interstate 395, and less than 10 miles from the Pentagon, Fort Belvoir and Reagan Washington National Airport. The portfolio offers a total of 246,145 square feet of space. It consists of three single-story warehouse buildings, with 24-foot clear heights and 34 dock-high loading doors with seven drive-ins.<\/p>\n<p style=\"text-align: justify\">At the time of the sale, the properties were all fully leased. Tenants include the General Services Administration, Commercial Carpets of America, Michael Baker Corp. and Habitat for Humanity of Northern Virginia.<\/p>\n<p style=\"text-align: justify\">HFF marketed the complex on behalf of the seller, a partnership between funds managed by Ares Management L.P. and Adler Group. The price of the sale was not disclosed. According to Alexandria property records, the total market value of the warehouse complex is $28 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The JBG Cos. is expanding its Greater Washington portfolio of properties. The company&rsquo;s latest acquisition is a warehouse complex in Alexandria.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1615],"tags":[],"class_list":["post-1004121468","post","type-post","status-publish","format-standard","hentry","category-latest","category-washington-dc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>JBG Buys Alexandria Warehouse Complex - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/baton-rouge-multifamily-project-takes-another-step-forward\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JBG Buys Alexandria Warehouse Complex\" \/>\n<meta property=\"og:description\" content=\"The JBG Cos. is expanding its Greater Washington portfolio of properties. The company&rsquo;s latest acquisition is a warehouse complex in Alexandria.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/baton-rouge-multifamily-project-takes-another-step-forward\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-06-18T02:55:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T06:15:38+00:00\" \/>\n<meta name=\"author\" content=\"Adrian Maties\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/baton-rouge-multifamily-project-takes-another-step-forward\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/baton-rouge-multifamily-project-takes-another-step-forward\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"JBG Buys Alexandria Warehouse Complex\",\"datePublished\":\"2015-06-18T02:55:32+00:00\",\"dateModified\":\"2022-12-09T06:15:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/baton-rouge-multifamily-project-takes-another-step-forward\\\/\"},\"wordCount\":181,\"commentCount\":0,\"articleSection\":[\"News\",\"Washington D.C.\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/baton-rouge-multifamily-project-takes-another-step-forward\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/baton-rouge-multifamily-project-takes-another-step-forward\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/baton-rouge-multifamily-project-takes-another-step-forward\\\/\",\"name\":\"JBG Buys Alexandria Warehouse Complex - 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