LORTON, VA—Realterm NAT, a subsidiary of theprivate equity investor and developer RealtermGlobal, has acquired a logistics warehouse here that itsays is an excellent staging area to offer "last mile delivery"services into the Washington, DC area. It has taped JLL'sJohn Dettleff to lease the 48,000-sqaure-foot cross-dockfacility, which is located on 9.11 acres of paved heavy industrialland at 8550 Terminal Rd.
The property is zoned I6 and includes a 7,000-square-footvehicle maintenance facility. It also made the cut for RealtermNAT's criteria of investing in High Flow-ThroughLogistics facilities. The acquisition was made through thecompany's $400 million value-add Realterm Logistics Fund, L.P,which focuses on investments in logistics real estate.
“We focus on High Flow-Through facilities, which are located inand around major population centers and offer critical,high-volume, 'last mile' freight distribution transfer points,"said Paul Underwood, SVP of Realterm NAT, in aprepared statement. "Our properties facilitate the efficient flowof goods to their final destination at the last stage of the supplychain."
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