{"id":1004158058,"date":"2016-11-03T06:03:40","date_gmt":"2016-11-03T14:03:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004158058"},"modified":"2020-04-29T09:45:22","modified_gmt":"2020-04-29T17:45:22","slug":"avison-young-markets-nova-flex-industrial-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/avison-young-markets-nova-flex-industrial-portfolio\/","title":{"rendered":"Avison Young Markets NoVa Flex-Industrial Portfolio"},"content":{"rendered":"

By Bogdan Odagescu, Associate Editor<\/em><\/p>\n

\"14320<\/a>

14320 Sullyfield Circle, Chantilly, Va.<\/p><\/div>\n

Washington<\/strong>\u2014Avison Young<\/a> has been chosen to market a portfolio of three flex-industrial buildings in coveted Chantilly, Va.<\/a><\/p>\n

Totaling 338,283 square feet, the Route 28 South Portfolio properties fall into the I-5 zoning category\u2014Industrial General. According to Fairfax County records, the portfolio last traded in June 2008 for a price tag of $41.1 million and is owned by Scottsdale, Ariz.-based Route 28 NPS Portfolio Inc.<\/p>\n

Located at 14000 Thunderbolt Place and 14320-40 Sullyfield Circle, the three buildings are situated close to the Dulles International Airport and are surrounded by several large office and residential clusters. In addition, the properties are very close to the Dulles Expo Center, as well as a plethora of large retail centers, including Chantilly Crossing Mall, Sully Plaza, Chantilly Park Shopping Center and Sully Place Shopping Center.<\/p>\n

Featuring adaptive layouts that make the buildings suitable for both single- and multi-tenant occupancy, the properties are currently 67 percent leased.\u00a0The tenant roster includes Northrop Grumman and CACI International. Located 25 miles west of downtown Washington<\/a> and 12 miles north of Manassas<\/a>, the Route 28 South Portfolio is institutionally owned and maintained, with no deferred maintenance.<\/p>\n

\u201cThese types of properties are getting increased attention from institutional investors who are looking to diversify out of pure office product. Because of their high quality, we are seeing interest from groups that haven\u2019t been historically focused on this asset type,\u201d said John Kevill, principal of Avison Young, in prepared remarks.<\/p>\n

Image courtesy of Avison Young<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The three buildings last traded in 2008, for a combined $41.1 million.<\/p>\n","protected":false},"author":740,"featured_media":1004158063,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,11,21742,1615],"tags":[],"class_list":["post-1004158058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-midatlantic","category-latest","category-washington-dc"],"acf":[],"yoast_head":"\nAvison Young Markets NoVa Flex-Industrial Portfolio - 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\/avison-young-markets-nova-flex-industrial-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Avison Young Markets NoVa Flex-Industrial Portfolio\" \/>\n<meta property=\"og:description\" content=\"The three buildings last traded in 2008, for a combined $41.1 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/avison-young-markets-nova-flex-industrial-portfolio\/\" \/>\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=\"2016-11-03T14:03:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-29T17:45:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/14320-Sullyfield-Circle-Chantilly-Va..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1365\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bogdan Odagescu\" \/>\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\\\/avison-young-markets-nova-flex-industrial-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/avison-young-markets-nova-flex-industrial-portfolio\\\/\"},\"author\":{\"name\":\"Bogdan Odagescu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/b496539dc21c086e1deff9b417453162\"},\"headline\":\"Avison Young Markets NoVa Flex-Industrial Portfolio\",\"datePublished\":\"2016-11-03T14:03:40+00:00\",\"dateModified\":\"2020-04-29T17:45:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/avison-young-markets-nova-flex-industrial-portfolio\\\/\"},\"wordCount\":259,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/avison-young-markets-nova-flex-industrial-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/11\\\/14320-Sullyfield-Circle-Chantilly-Va..jpg\",\"articleSection\":[\"Deals\",\"Industrial\",\"Mid-Atlantic\",\"News\",\"Washington D.C.\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/avison-young-markets-nova-flex-industrial-portfolio\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/avison-young-markets-nova-flex-industrial-portfolio\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/avison-young-markets-nova-flex-industrial-portfolio\\\/\",\"name\":\"Avison Young Markets NoVa Flex-Industrial Portfolio - 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