Thank you for sharing!

Your article was successfully shared with the contacts you provided.

VIENNA, VA-MBP LLC has acquired the Chantilly Business Center for $8 million from Chantilly Business Center LP. Transwestern Commercial Services represented the buyer in the transaction. Cambridge Property Group LP represented the seller. The property comprises three flex/warehouse buildings totaling 124,139 sf.

The project was developed in 1985 and has been sold fully leased, Transwestern said in a statement. Lead tenants at Chantilly Business Center include Duron Paints, Purnell Brothers Furniture and Stanley Steamer. This is not the first time MBP has retained the services of Transwestern to broker a deal. In 1999, MBP sold 20 acres in Sterling, VA to Orbital Sciences Corp. for $3.3 million, and was represented by the commercial brokerage in that deal.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.