Boundtrain's new holdings in Falls Church

FALLS CHURCH, VA—BoundTrain Real Estate has made its first acquisition in the Washington, DC area: a two-building, 410,197-square-foot portfolio, located at 6400 and 6402 Arlington Blvd., for $38.1 million.

BoundTrain is a private real estate investment firm, founded by Michael A. Klein in 2018, to pursue value-add and opportunistic deals throughout the Washington, DC market, as well as select other markets in the Eastern US.

Newmark Knight Frank's James Cassidy and Jud Ryan and Cliff Cummings represented the seller, Falls Church Corporate Center LLC.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.