REBusinessOnline

FINMARC, SPMC URBAN PROPERTIES SELL REI STORE IN MCLEAN FOR $22M

MCLEAN, VA. — Finmarc Management Inc. and SPMC Urban Properties has sold a two-story, 32,857-square-foot retail store located at 8209 Watson St. in McLean. Constellation 107th Street LLC purchased the asset for $22 million. The two-story building, which also features a two-story parking garage, is fully leased to Recreational Equipment Inc. (REI). The property is adjacent to Tysons Corner Center and the new Silver Line of the Washington Metro Transit System. Jonathan Hipp, Andrew Fallon and Jonathan Florin of Calkain Cos. LLC represented both the buyer and the sellers in the transaction.

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