Wednesday, July 10, 2013

HFF closes sale of Lincoln 495 near Washington, D.C.


Lincoln 495, 8420 Westphalia Road, Upper Marlboro, MD
WASHINGTON, D.C. – HFF announced today that it has closed the sale of Lincoln 495, a Class A, 153,700-square-foot industrial building in Upper Marlboro, Maryland.

Bruce Strasburg
HFF marketed the property on behalf of the seller, a joint venture between Lincoln Property Company and Invesco Real Estate.  Financial services organization TIAA-CREF purchased the property.

Lincoln 495 is located at 8420 Westphalia Road in the Pennsylvania Avenue Industrial Corridor immediately proximate to Interstate 95/Interstate 495, Andrews Air Force Base, National Harbor and Washington, D.C.

 Built in 2009, the property is 100 percent occupied by Uni-Select USA, a rapidly expanding aftermarket auto parts distributor, along with a government tenant and 1-800-Pack-Rat.   

Samuel Fagelson
The HFF investment sales team representing the seller was led by senior managing director Bruce Strasburg and real estate analyst Samuel Fagelson.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873



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