Finmarc Sells Industrial-Flex building and Land in Northern Virginia to Data Center Developer, JK Land Holdings, for $60M ($311.24psf)

8/8/2024

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REBusinessOnline

• Subcategory: Industrial: Data Centers, Industrial: Flex

• Tag: Adaptive Reuse | Redevelopment | Sale | Strategy

• Additional Filters-Tags: Conversion: Flex Office-to-Industrial, Conversion: Office-to-Industrial

Finmarc Management Inc. has sold a 25.3-acre site at 19886 Ashburn Road in Ashburn, a city in Loudoun County. The buyer, a data center developer doing business as JK Land Holdings LLC, purchased the site for $60 million.

Finmarc Management Inc.

Sean Sullivan | EVP, Acquisitions

[email protected]

301-656-4111

JK Land Holdings

Chuck Kuhn | CEO

[email protected]

703-996-1350