{"id":1004181229,"date":"2017-06-20T07:48:37","date_gmt":"2017-06-20T15:48:37","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004181229"},"modified":"2022-12-08T21:09:32","modified_gmt":"2022-12-09T05:09:32","slug":"finmarc-nabs-va-shopping-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/","title":{"rendered":"Finmarc Nabs VA Shopping Center"},"content":{"rendered":"<p>By Evelina Croitoru<\/p>\n<div id=\"attachment_1004181249\" style=\"width: 373px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Festival-at-Manassas.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004181249\" data-attachment-id=\"1004181249\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/festival-at-manassas\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Festival-at-Manassas.jpg\" data-orig-size=\"460,300\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Festival at Manassas\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Festival-at-Manassas.jpg?w=460\" class=\"wp-image-1004181249 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Festival-at-Manassas.jpg\" alt=\"Festival at Manassas\" width=\"363\" height=\"237\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Festival-at-Manassas.jpg 460w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Festival-at-Manassas.jpg?resize=300,196 300w\" sizes=\"auto, (max-width: 363px) 100vw, 363px\" \/><\/a><p id=\"caption-attachment-1004181249\" class=\"wp-caption-text\">Festival at Manassas<\/p><\/div>\n<p>Finmarc Management Inc. purchased the Festival at Manassas, an 117,000-square-foot shopping center in Manassas, Va. Anchored by Global Food, the center was sold by Katz Properties for $20 million. Bill Kent of CBRE represented the seller in this transaction.<\/p>\n<h2>A Better Retail Investment<\/h2>\n<p>Located at 10280-10388 Festival Lane, the center features a complimentary mix of retail tenants including Potbelly Sandwich Works, CiCi\u2019s Pizza, 360 Buffet, Nutritional Wellness Center and Furniture House. At the time of the deal, the property was roughly 97 percent occupied. The asset features a free surface parking lot that can accommodate up to 600 vehicles. Festival at Manassas is located within a solid retail environment that includes high-profile companies such as Macy\u2019s, Sears, Walmart, Lowe\u2019s Home Improvement and Dick\u2019s Sporting Goods. The shopping center is situated in an area where more than 155,000 consumers reside within a five-mile radius.<\/p>\n<p>\u201c<em>Global Food attracts sustained consumer traffic from an extremely wide radius based on its diversified and highly-unique product offering, and the grocery store has proven its strength as the anchor tenant for Festival at Manassas<\/em>,\u201d Sean Sullivan, vice president of Finmarc Management, said in prepared remarks.<\/p>\n<p>With this deal, Finmarc now <a href=\"https:\/\/www.commercialsearch.com\/news\/finmarc-buys-big-industrial-portfolio-in-nova\/\">owns and manages<\/a> 92 offices, industrial, retail and residential properties mounting up to 6.7 million square feet.<\/p>\n<p><em>Image courtesy of HR Retail<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Festival at Manassas, an 117,000-square-foot shopping center in Manassas, Va., traded for $20 million. Bill Kent of CBRE represented the seller, Katz Properties.<\/p>\n","protected":false},"author":1055,"featured_media":1004181249,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,11,21742,21749,1615],"tags":[32789,34253,36282],"class_list":["post-1004181229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-midatlantic","category-latest","category-retail","category-washington-dc","tag-cbre","tag-finmarc-management-inc","tag-katz-properties"],"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>Finmarc Nabs VA Shopping Center - 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\/finmarc-nabs-va-shopping-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finmarc Nabs VA Shopping Center\" \/>\n<meta property=\"og:description\" content=\"Festival at Manassas, an 117,000-square-foot shopping center in Manassas, Va., traded for $20 million. Bill Kent of CBRE represented the seller, Katz Properties.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/\" \/>\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=\"2017-06-20T15:48:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T05:09:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Festival-at-Manassas.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"460\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelina Croitoru\" \/>\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\\\/finmarc-nabs-va-shopping-center\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/finmarc-nabs-va-shopping-center\\\/\"},\"author\":{\"name\":\"Evelina Croitoru\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e9e65abbef696b705a028580e04c8c99\"},\"headline\":\"Finmarc Nabs VA Shopping Center\",\"datePublished\":\"2017-06-20T15:48:37+00:00\",\"dateModified\":\"2022-12-09T05:09:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/finmarc-nabs-va-shopping-center\\\/\"},\"wordCount\":231,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/finmarc-nabs-va-shopping-center\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/06\\\/Festival-at-Manassas.jpg\",\"keywords\":[\"CBRE\",\"Finmarc Management Inc.\",\"Katz Properties\"],\"articleSection\":[\"Deals\",\"Mid-Atlantic\",\"News\",\"Retail\",\"Washington D.C.\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/finmarc-nabs-va-shopping-center\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/finmarc-nabs-va-shopping-center\\\/\",\"name\":\"Finmarc Nabs VA Shopping Center - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/finmarc-nabs-va-shopping-center\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/finmarc-nabs-va-shopping-center\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/06\\\/Festival-at-Manassas.jpg\",\"datePublished\":\"2017-06-20T15:48:37+00:00\",\"dateModified\":\"2022-12-09T05:09:32+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e9e65abbef696b705a028580e04c8c99\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/finmarc-nabs-va-shopping-center\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/finmarc-nabs-va-shopping-center\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/finmarc-nabs-va-shopping-center\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/06\\\/Festival-at-Manassas.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/06\\\/Festival-at-Manassas.jpg\",\"width\":460,\"height\":300},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/finmarc-nabs-va-shopping-center\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Finmarc Nabs VA Shopping Center\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e9e65abbef696b705a028580e04c8c99\",\"name\":\"Evelina Croitoru\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/82abe2674124359ad94c66dc8af2ae6002e67a0fd43aa3247fcdde8cc201d064?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/82abe2674124359ad94c66dc8af2ae6002e67a0fd43aa3247fcdde8cc201d064?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/82abe2674124359ad94c66dc8af2ae6002e67a0fd43aa3247fcdde8cc201d064?s=96&d=mm&r=g\",\"caption\":\"Evelina Croitoru\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/evelinacroitoru\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Finmarc Nabs VA Shopping Center - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/","og_locale":"en_US","og_type":"article","og_title":"Finmarc Nabs VA Shopping Center","og_description":"Festival at Manassas, an 117,000-square-foot shopping center in Manassas, Va., traded for $20 million. Bill Kent of CBRE represented the seller, Katz Properties.","og_url":"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2017-06-20T15:48:37+00:00","article_modified_time":"2022-12-09T05:09:32+00:00","og_image":[{"width":460,"height":300,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Festival-at-Manassas.jpg","type":"image\/jpeg"}],"author":"Evelina Croitoru","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/"},"author":{"name":"Evelina Croitoru","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e9e65abbef696b705a028580e04c8c99"},"headline":"Finmarc Nabs VA Shopping Center","datePublished":"2017-06-20T15:48:37+00:00","dateModified":"2022-12-09T05:09:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/"},"wordCount":231,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Festival-at-Manassas.jpg","keywords":["CBRE","Finmarc Management Inc.","Katz Properties"],"articleSection":["Deals","Mid-Atlantic","News","Retail","Washington D.C."],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/","url":"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/","name":"Finmarc Nabs VA Shopping Center - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Festival-at-Manassas.jpg","datePublished":"2017-06-20T15:48:37+00:00","dateModified":"2022-12-09T05:09:32+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e9e65abbef696b705a028580e04c8c99"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Festival-at-Manassas.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Festival-at-Manassas.jpg","width":460,"height":300},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/finmarc-nabs-va-shopping-center\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Finmarc Nabs VA Shopping Center"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e9e65abbef696b705a028580e04c8c99","name":"Evelina Croitoru","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/82abe2674124359ad94c66dc8af2ae6002e67a0fd43aa3247fcdde8cc201d064?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/82abe2674124359ad94c66dc8af2ae6002e67a0fd43aa3247fcdde8cc201d064?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/82abe2674124359ad94c66dc8af2ae6002e67a0fd43aa3247fcdde8cc201d064?s=96&d=mm&r=g","caption":"Evelina Croitoru"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/evelinacroitoru\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Festival-at-Manassas.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004181229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1055"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004181229"}],"version-history":[{"count":5,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004181229\/revisions"}],"predecessor-version":[{"id":1004181336,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004181229\/revisions\/1004181336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004181249"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004181229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004181229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004181229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}