Gerald Burg and Jim Kornick, directors in the Washington, DC, office of Marcus & Millichap's National Office and Industrial Properties Group; and Matthew Clinebell, an investment specialist also in the firm's Washington, DC office, represented the seller. Dave Kinney, with Ezra Co., represented the buyer.
According to Burg, "the building has a long history of being fully occupied due to its desirable location, and the lack of nearby competitive space." Located at 803 W. Broad St., tenants in the seven-story include City of Falls Church, Maxim Healthcare and the National Massage Therapy Institute.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
