Penzance bought a six-building flex portfolio in Northern Virginia with plans to convert some of the office suites to industrial space as demand for warehouses remains strong in the market.
Penzance buys flex portfolio near DC, plans to turn some of its offices to industrial spaces
Developer pays $55 million for six buildings in Manassas, Virginia
CoStar News
March 7, 2025 | 3:50 P.M.
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IN THIS ARTICLE
- Properties
- Gateway Centre Manassas
7201 Gateway Ct, Manassas, VA
- Gateway Centre Manassas
7301 Gateway Ct, Manassas, VA
- Gateway Centre Manassas
7401 Gateway Ct, Manassas, VA
- Linden Business Center-Bldg G
7245 Coppermine Dr, Manassas, VA
- Linden Business Center-Bldg H
7565 Coppermine Dr, Manassas, VA
- Companies
- The Davis Companies
Real Estate
- Penzance
Real Estate
- JLL
Real Estate
- Contacts
- Lauren Kowall
Vice President, Investments, Penzance
- Cappy Daume
Chief Portfolio Officer, The Davis Companies
- Bill Prutting
Senior Managing Director, Capital Markets, JLL
- Craig Childs
Director, Capital Markets, JLL
- Christopher Dale
Senior Director, Capital Markets, JLL