High-Demand Distribution Center Near Washington, DC
Sterling, VA July 16th, 2024
Investment
$20,660,179
Asset Type
Commercial
Strategy
Core Plus
Status
Active
About Acquisition
We have acquired a 76,500 sq ft distribution center in Sterling, Virginia, for approximately $20.7 million. Strategically located 40 minutes from downtown Washington, DC, with immediate access to major highways in the national capital region, and just 10 minutes from Dulles International Airport, this asset is positioned as a critical logistics hub for last-mile distribution.
Strategic Location & Market Significance
Washington, DC, is a key economic and logistics hub, with strong demand for industrial and distribution spaces driven by e-commerce growth, regional supply chain needs, and proximity to federal agencies and businesses. This facility benefits from its high-accessibility location, ensuring efficient transportation routes for retailers and logistics operators.
As demand for rapid e-commerce fulfillment and faster deliveries increases, strategically located last-mile distribution centers like this will continue to be a valuable investment asset.
Why This Investment Matters
Retailers and logistics providers are shifting to high-efficiency distribution networks to enhance delivery speed and cost efficiency. This acquisition strengthens our industrial real estate portfolio and positions us to benefit from Washington, DC’s strong economic fundamentals and increasing demand for logistics properties.
Investment Highlight
Prime Logistics Location: Direct access to Washington, DC’s highway network and Dulles International Airport, supporting efficient regional distribution.
High-Demand Industrial Market: The DC metro area is experiencing record-low industrial vacancy rates, making this a valuable asset.
Stable, Income-Producing Asset: Fully leased, ensuring consistent rental income from an established tenant.
E-commerce & Retail Growth: Increased consumer demand for fast deliveries is driving higher demand for last-mile distribution hubs.
Future Outlook
With the rise of e-commerce and supply chain optimization, well-located distribution centers like this will continue to appreciate in value. This investment aligns with our long-term strategy to acquire high-performing industrial assets that generate steady income and strong returns.