(To read more on the industrial market, click here.)

WINCHESTER, VA-Manassas-based Extreme Steel Inc. has purchasedan industrial flex property here for $3.55 million from ValleyIndustrial Plastics, which was also the tenant. The 32,000-sfproperty is located near Interstate 81 and Route 37 bypass at 380Shady Elm Dr.

Conrad E. Koneczny and Betty L. Friant of Sperry Van Ness inWinchester represented the seller. Extreme Steel Inc., whichrepresented itself, will do a sale-leaseback to allow ValleyIndustrial time to move out.

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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.