Realty company Terreno Realty Corporation may have plans for a cluster of warehouses called the Fleet Industrial Park in Franconia.
The company recently announced that it purchased 6584-6674 Fleet Drive, a group of four industrial distribution buildings, for $84.3 million.
The buildings are approximately 357,000 square feet on a 19.1-acre lot.
In the release, Terreno Realty Corporation noted that the leases at the lot all expire by 2031:
The property is at 6584-6674 Fleet Drive approximately two miles from the intersection of I-95/395 and I-495 (Capital Beltway), provides 67 dock-high and 38 grade-level loading positions and parking for 580 cars. The property is 100% leased to 21 tenants, with all leases expiring by 2031, and the estimated stabilized cap rate is 5.3%.
Photo via Google Maps
H/t Ryan Belmore
Recent Stories
Good Thursday evening, Fairfax County. Let’s take a look back at today’s stories and a look forward to tomorrow’s event calendar. 🕗 News recap The following articles were published earlier…
A look at the most and least expensive single-family homes sold in Fairfax County last month, April 2024.
An officer who fatally shot a McLean man in 2022 violated Fairfax County Police Department policies, but the shooting itself was within policy and legal bounds, a new report on…
The historic Ellmore Farmhouse at Frying Pan Farm Park has finished renovations and is now ready to offer programming for adults with disabilities. The two-story farmhouse, which dates back to…
Good news, D.C. area. You can save money on your next home cleaning with Well-Paid Maids. It’s easy!
We offer a discount when you set up recurring cleans — and the discounts just increased this week!
For weekly cleans, get $30 off each cleaning.
Potomac Harmony is Back! Following a gap year of competing, then virtual rehearsals during the pandemic, followed by the well-earned retirement of our long-term director, a year of a director search, Potomac Harmony hit the regional contest stage in Concord, North Carolina in March for the first time since 2018! It was exhilarating, reaffirming, and rewarding!
The chorus hit all of its goals, the biggest of which was to have fun and sing our best on contest stage — we did both! Because we earned a score over 400 points, our new Director, Allison Lynskey, was awarded the Novice Director award, photo above. Additionally, one of our charter members, Jackie Bottash, was nominated for and honored with the Leadership Excellence award. It was a celebratory weekend!
What’s next? So much! We now look forward to upcoming performances, growing our membership, and expanding our musical product with new arrangements and an education component each week. It’s an exciting time to be part of this ever-growing ensemble!
Pedal with Petals Family Bike Ride
Join us on Saturday, May 11th and ride into spring during our Pedal with Petals Family Bike Ride. Back for its second year, Pedal with Petals is going to be bigger than ever. This year’s event will include both an
Encore Creativity for Older Adults at Capital One Hall
Encore Creativity for Older Adults is pleased to raise the curtain and welcome community members to its spring concert at Capital One Hall in Tysons, VA on May 4, 2024. The concert, which starts at 3 PM, will bring hundreds
