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Lincoln 495, 8420 Westphalia Road, Upper Marlboro, MD
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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.
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| 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.
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| 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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