$4.8M Transaction value
TYSONS, Virginia, January 10, 2022 /PRNewswire/ — Divaris Real Estate, Inc. is pleased to announce Frontline Community Services’ acquisition of 6900 Virginia Manor Road (“Building F”) in Beltsville, Maryland.
Frontline Community Services has purchased the two-story, 53,173 square foot office building located within the Ammendale Business Campus for $4.8 million Where $90.27 PSF. 92% vacant at time of sale, Frontline will occupy and use the building for on-site training and administrative purposes.
Joe Flour of Divaris Real Estate, Inc. represented Frontline Community Services in its search to expand its philanthropic reach and remarked – “The Ammendale Business Campus will provide an ideal location for Frontline Community Services as they pursue and expand their mission in the greater DC area.”
The nonprofit agency serves the DC area and works with people with disabilities and those less fortunate in the District of Colombia and the state of Maryland. Motivated to expand the scope of its services, the agency will move from its existing headquarters at 11720 Beltsville Drive to the Ammendale Building in early 2022.
For more information regarding this transaction or the DC commercial real estate market, please contact Joe Flour at 571-620-5142 or visit us at http://www.divaris.com.
About Divaris Real Estate – DC Office
The Divaris Real Estate, Inc. Tysons Corner office serves the greater Washington DC metro area. Directed by Joe FlourBureau DRE DC specializes in the rental and sale of shops and offices for regional, national, private and institutional clients.
About Divaris Immobilier
Divaris Real Estate, Inc. is headquartered in Virginia Beach, Virginia with offices at Newport News, Norfolk, richmond and Roanoke, Virginia; Charlotte, North Carolina; Beverly Hills, California; and washington d.c.. Divaris Real Estate and Divaris Property Management Corp. are divisions of The Divaris Group, an international real estate brokerage and property management company that currently manages and/or leases over 31 million square feet of prime office, retail and industrial space from New Jersey for Florida. Gerald S. Divaris is chairman of the board of directors, and Michael B. Divaris is President of Divaris Real Estate, Inc.
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