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MCLEAN, VA-Alexandria Two Associates has acquired Tysons Sport & Health Club from Tysons Land I LLC for $7.8 million. The 85,000-sf health club was acquired through a deal put together by Insignia/ESG Capital Advisors Group. Thomas Leachman of Capital Advisors represented the buyer. And Paul Dougherty and Patricia Earnest of the investment sales and financing division of the firm secured the acquisition financing for Alexandria Two. Alexandria Two is managed by and affiliated with Carlton Capital Group a Washington-based investment management firm.

In a statement, Insignia said that the property is long-term net leased to Tysons Sport & Health, and the transaction was motivated by Tysons Land I’s real estate exchange requirement. Sport & Health is one of metro Washington’s largest chains of fitness centers. The club has 22 locations in the region, and the Tysons center sits on a two-acre site on Greensboro Drive here.

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