One of Minkoff’s new holdings
CHANTILLY, VA—Minkoff Development has entered the Northern Virginia market with the acquisition of a portfolio of buildings within the Avion Business Park. The purchase includes five flex/industrial and office buildings located in the Class A business park.
In one of the buildings, 14500 Avion Pkwy., Minkoff is adding a shared conference facility and tenant lounge with a micro-market—new amenities that will be available to all tenants within the portfolio. Minkoff will also be introducing spec suites to the office buildings. “Adding much needed amenities to Avion Business Park will differentiate this project from the competition and provide tremendous value to the current and prospective tenants,” said Newmark Knight Frank’s Andy Klaff, who is one of the brokers handling the leasing of the office component of the portfolio.
Besides Klaff, NKF’s Jeff Tarae and Dominic Orcino will handle the leasing of the office buildings. Larry FitzGerald and Cole Spalding are overseeing the leasing of the flex buildings.
Avion Business Park is centrally located just west of the Route 50 and Route 28 interchange at the south tip of Dulles Airport.
The portfolio includes office buildings at 14500 Avion Pkwy and 14520 Avion Pkwy; and flex/industrial buildings at 14700 Avion Pkwy, 3635 Concorde Pkwy and 3650 Concorde Pkwy.
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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.
