ABC Imaging buys former Lockheed Martin building for $6.1 million
ABC Imagining closed Monday on the purchase of a 48,000-square-foot, three-story office building in Alexandria for $6.1 million. The 3.4-acre property at 5290 Shawnee Road was formerly occupied by Lockheed Martin, which vacated the building last fall.
Cafferty Commercial Real Estate Services in McLean said in a press release that it built the office building Lockheed for $ 9.1 million and that the construction loan was paid off years ago. President Thomas D. Cafferty said in a statement that the sales price is evidence of “the continued challenges in the Virginia commercial real estate markets.”
According to Cafferty, ABC plans to relocate from Washington D.C., to Fairfax County, a move that will bring about 150 new jobs to the county.
ABC Imaging provides print and digital document management services. It has about 35 hubs nationwide including Atlanta, New York, Boston, Los Angeles, Seattle and Tysons Corner.