Overview
Reclamation Partners, in partnership with Fox Capital Partners, has acquired a 42,000-square foot light-industrial building in Sterling, Virginia, for an undisclosed amount. This acquisition addresses the need for modern logistics space in a tight industrial market, with the property fully leased until April 2027. The deal allows Reclamation to benefit from the growing demand for logistics assets driven by data center development, while planning a capital improvement program to enhance the property post-lease expiration.
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Recent Deals
Investors: Fox Capital Partners
Reclamation Partners, in partnership with Fox Capital Partners, has acquired a 42,000-square foot light-industrial building in Sterling, Virginia, for an undisclosed amount. This acquisition addresses the need for modern logistics space in a tight industrial market, with the property fully leased until April 2027. The deal allows Reclamation to benefit from the growing demand for logistics assets driven by data center development, while planning a capital improvement program to enhance the property post-lease expiration.