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Stockbridge Sells Fully Leased NoVA Industrial Park for $132M

TA Realty has expanded its industrial footprint with the $132 million acquisition of a fully leased, 734,606-square-foot warehouse portfolio in Northern Virginia. The Boston-based investor acquired th

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Summary

TA Realty has expanded its industrial footprint with the $132 million acquisition of a fully leased, 734,606-square-foot warehouse portfolio in Northern Virginia.

The Boston-based investor acquired the 13-building business park named Featherstone Industrial Park from a joint venture between Rosenthal Properties and Stockbridge.

The sale price is almost 27 percent more than what the sellers […]

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