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Home News Industries Commercial Real Estate NOVA’s newest industrial warehouse is for sale

NOVA’s newest industrial warehouse is for sale

Published June 17, 2013 by Paula C. Squires

Gunston GSA, one of NOVA’s newest industrial warehouses, is for sale.

Eastdil Secured, based in Washington, D.C., has been retained as the exclusive adviser in the sale of the new 112,500-square-foot warehouse facility in Lorton.

According to Eastdil, the facility is 100 percent leased to a confidential government agency and plays a critical role in the agency’s operations.

“Gunston GSA features the most advanced technologies in the industrial sector,” John Kevill, managing director of Eastdil Secured, said in a statement. “It is a state-of-the-art facility that has no peer across the Northern Virginia industrial market and offers a buyer a long-term lease with the U.S. government.”

The building is located on a 13.1-acre parcel just off I-95 and Route 1. It is close to Fort Belvoir and Quantico Marine Corp Base, as well as Langley and Washington, D.C.

Gunston GSA was completed in February and the undisclosed government agency moved in at the end of May. Eastdil said the agency has committed to a 10-year lease with two five-year, fixed-rate renewal options. The seller is a partnership between FD Stonewater and Ardent, two local developers.

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