Northern Virginia
“Could the D.C. region’s sputtering office market be fueling investor
interest in shopping centers and other non-office properties? The sale of a
pair of Northern Virginia retail sites could be the leading edge of that trend,
according to Eastdil Secured Managing Director John Kevill. Eastdil recently
brokered the sale of Sterling Plaza and Sterling Plaza II for $26.5 million, as
well as the Lake Montclair Center in Prince William County for $19.2 million.”
~Writes Daniel J. Sernovitz of the Washington Business Journal
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