Long & Foster Commercial Division Represented Seller in the Sale of 12,801 SF Herndon Office Condominium
|Corporate Contact:||Vicki Vendure, APR|
TYSONS, Va., May 4, 2018 – Long & Foster Real Estate announced today that Arthur Nachman, CCIM, of the Long & Foster Commercial Division in Tysons, Virginia, recently closed a $2.65 million transaction in Herndon, Virginia.
As in all his transactions, Nachman provided his client “white-glove service,” guiding the transaction by working closely with the seller’s attorney and the closing agent. He also assisted the buyer with conducting the property’s physical due diligence, interviewing the local municipal authorities, and assisted in coordinating the loan.
“We’re very pleased to have negotiated this transaction for the seller,” said Ron Glass, vice president and managing broker of the Long & Foster Commercial Division. “Arthur made a very stressful transaction seamless for all parties and showed once again why he is a leader in Investment sales”.
Nachman represented Dulles Technology Drive, LLC with the sale of a 12,801 SF office condominium located at 13515 Dulles Technology Drive, to North American Islamic Foundation.
About Long & Foster Commercial Division
Long & Foster’s Commercial division provides a potent mix of commercial real estate and real-world experience for industrial, retail, office and commercial property investments and developments. Supported by numerous industry experts, the Long & Foster Commercial team comprises over 40 diligent and experienced associate brokers. The team not only helps clients to buy, sell and lease commercial properties, but also has an in-house development group that works exclusively on development sales and leasing, as well as redevelopment projects. In 2016, the Commercial division, in conjunction with commercial associates across Long & Foster’s greater real estate company, leased 360+ commercial properties, worth nearly $69 million, and sold over 280 commercial units for a sales total of almost $213 million. The Commercial Division is a member of the TCN Worldwide and GVA Worldwide Transatlantic Alliance, an international network of independent commercial real estate companies that collectively represent more than $58.6 billion in annual transaction volume. For more information on the Commercial division, visit http://www.longandfoster.com/pages/commercial-real-estate.