{"id":968298,"date":"2026-05-28T15:27:22","date_gmt":"2026-05-28T19:27:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/marcus-millichap-closes-42-million-two-property-industrial-sale-in-northern-virginias-data-center-corridor\/"},"modified":"2026-05-28T15:27:22","modified_gmt":"2026-05-28T19:27:22","slug":"marcus-millichap-closes-42-million-two-property-industrial-sale-in-northern-virginias-data-center-corridor","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/marcus-millichap-closes-42-million-two-property-industrial-sale-in-northern-virginias-data-center-corridor\/","title":{"rendered":"Marcus &amp; Millichap Closes $42 Million Two-Property Industrial Sale in Northern Virginia\u2019s Data Center Corridor"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Marcus &amp; Millichap Closes $42 Million Two-Property Industrial Sale in Northern Virginia\u2019s Data Center Corridor<\/b><\/p>\n<p>MANASSAS, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnam11.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.marcusmillichap.com%252F%26data%3D05%257C02%257CGina.Relva%2540marcusmillichap.com%257Cb726436dd2dc4343127e08debc23595b%257C4af2e9e0a2d7475c9f4db3a8a8ad4f5a%257C0%257C0%257C639155057387230449%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3Dleqr14ShxV1oZwWb9WG%252BjlFqwJAJj58FXQZFxe3GiAc%253D%26reserved%3D0&amp;esheet=54543860&amp;newsitemid=20260528436390&amp;lan=en-US&amp;anchor=Marcus+%26amp%3B+Millichap+%28NYSE%3AMMI%29&amp;index=1&amp;md5=1c0bbaf513d71a6b7f1300d7eb3d01f8\">Marcus &amp; Millichap (NYSE:MMI)<\/a>, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of two adjacent industrial properties in Manassas, Virginia for $42 million.<\/p>\n<p>\nLocated within Northern Virginia\u2019s data center corridor, the properties comprise approximately 14 acres of industrial-zoned land with long-term data center redevelopment potential. The transaction included the sale of Goode Business Center, a two-building, roughly 135,000-square-foot industrial storage and manufacturing complex located on 10 acres at 12269 Livingston Road, and Atlantic Building Supply, an approximately 18,000-square-foot industrial warehouse facility located on nearly four acres at 12249 Livingston Road.<\/p>\n<p>\n\u201cNorthern Virginia remains the largest and most active data center market in the world, and infrastructure-sensitive industrial land in this corridor continues to attract significant interest,\u201d said Robert Filley, senior managing director investments with Marcus &amp; Millichap. \u201cThis transaction reflects the continued convergence of industrial real estate, power availability, land scarcity, and long-term data center demand.\u201d Robert Filley, Haris Hanifi, and Adrian Mendoza of Marcus &amp; Millichap, in association with Brian Hosey, the firm\u2019s broker of record in Virginia, represented the seller and procured the buyer.<\/p>\n<p>\n\u201cWhat made this transaction unique was the strategic assemblage of the two adjacent parcels,\u201d said Hanifi, associate director investments with Marcus &amp; Millichap. \u201cThe original 10-acre site alone had limitations, but by incorporating the neighboring four-acre parcel, the combined 14-acre site created a stronger long-term redevelopment opportunity in one of the country\u2019s most competitive data center markets.\u201d<\/p>\n<p>\nThe properties are located near the Route 29\/Interstate 66 corridor, Interstate 81, and State Route 294\/Prince William Parkway, providing access to major regional transportation routes within Northern Virginia\u2019s industrial and data center ecosystem.<\/p>\n<p>\n\u201cManassas has an inventory of approximately 10 million square feet of industrial properties and a current vacancy of approximately 2%,\u201d added Filley. \u201cRents have been rising, and with data center competition, industrial-zoned land is increasingly scarce.\u201d<\/p>\n<p><b>About Marcus &amp; Millichap, Inc. (NYSE: MMI)<\/b><\/p>\n<p>\nMarcus &amp; Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus &amp; Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnam11.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Furl.us.m.mimecastprotect.com%252Fs%252F7nqjC82oMRFkGrDPS1hDTyYOPJ%253Fdomain%253Dmarcusmillichap.com%252F%26data%3D05%257C02%257CGina.Relva%2540marcusmillichap.com%257Cb726436dd2dc4343127e08debc23595b%257C4af2e9e0a2d7475c9f4db3a8a8ad4f5a%257C0%257C0%257C639155057387291265%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3Dq%252F9aROkVwDeiVJ58kfEkcYEUes6YGcyWo03Kzx7Wdpk%253D%26reserved%3D0&amp;esheet=54543860&amp;newsitemid=20260528436390&amp;lan=en-US&amp;anchor=www.MarcusMillichap.com&amp;index=2&amp;md5=d85b4240f7dfcfb2183d7322ceac3dc1\">www.MarcusMillichap.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260528436390r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260528436390\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260528436390\/en\/<\/a><\/span><\/p>\n<p><b>Gina Relva, VP of Public Relations<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:Gina.Relva@MarcusMillichap.com\"><b>Gina.Relva@MarcusMillichap.com<\/b><\/a><\/p>\n<p><b>KEYWORDS:<\/b> Virginia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Commercial Building &amp; Real Estate Construction &amp; Property REIT<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260528436390\/en\/682345\/3\/MM_logo_288_300_whitebg.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Marcus &amp; Millichap Closes $42 Million Two-Property Industrial Sale in Northern Virginia\u2019s Data Center Corridor MANASSAS, Va.&#8211;(BUSINESS WIRE)&#8211;Marcus &amp; Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of two adjacent industrial properties in Manassas, Virginia for $42 million. Located within Northern Virginia\u2019s data center corridor, the properties comprise approximately 14 acres of industrial-zoned land with long-term data center redevelopment potential. The transaction included the sale of Goode Business Center, a two-building, roughly 135,000-square-foot industrial storage and manufacturing complex located on 10 acres at 12269 Livingston Road, and Atlantic Building Supply, an approximately 18,000-square-foot industrial warehouse facility located on nearly four acres at 12249 Livingston Road. \u201cNorthern &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/marcus-millichap-closes-42-million-two-property-industrial-sale-in-northern-virginias-data-center-corridor\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Marcus &amp; Millichap Closes $42 Million Two-Property Industrial Sale in Northern Virginia\u2019s Data Center Corridor&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-968298","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Marcus &amp; Millichap Closes $42 Million Two-Property Industrial Sale in Northern Virginia\u2019s Data Center Corridor - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/marcus-millichap-closes-42-million-two-property-industrial-sale-in-northern-virginias-data-center-corridor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marcus &amp; Millichap Closes $42 Million Two-Property Industrial Sale in Northern Virginia\u2019s Data Center Corridor - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Marcus &amp; Millichap Closes $42 Million Two-Property Industrial Sale in Northern Virginia\u2019s Data Center Corridor MANASSAS, Va.&#8211;(BUSINESS WIRE)&#8211;Marcus &amp; Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of two adjacent industrial properties in Manassas, Virginia for $42 million. Located within Northern Virginia\u2019s data center corridor, the properties comprise approximately 14 acres of industrial-zoned land with long-term data center redevelopment potential. The transaction included the sale of Goode Business Center, a two-building, roughly 135,000-square-foot industrial storage and manufacturing complex located on 10 acres at 12269 Livingston Road, and Atlantic Building Supply, an approximately 18,000-square-foot industrial warehouse facility located on nearly four acres at 12249 Livingston Road. \u201cNorthern &hellip; Continue reading &quot;Marcus &amp; Millichap Closes $42 Million Two-Property Industrial Sale in Northern Virginia\u2019s Data Center Corridor&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/marcus-millichap-closes-42-million-two-property-industrial-sale-in-northern-virginias-data-center-corridor\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-28T19:27:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260528436390r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marcus-millichap-closes-42-million-two-property-industrial-sale-in-northern-virginias-data-center-corridor\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marcus-millichap-closes-42-million-two-property-industrial-sale-in-northern-virginias-data-center-corridor\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Marcus &amp; 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Located within Northern Virginia\u2019s data center corridor, the properties comprise approximately 14 acres of industrial-zoned land with long-term data center redevelopment potential. The transaction included the sale of Goode Business Center, a two-building, roughly 135,000-square-foot industrial storage and manufacturing complex located on 10 acres at 12269 Livingston Road, and Atlantic Building Supply, an approximately 18,000-square-foot industrial warehouse facility located on nearly four acres at 12249 Livingston Road. \u201cNorthern &hellip; Continue reading \"Marcus &amp; Millichap Closes $42 Million Two-Property Industrial Sale in Northern Virginia\u2019s Data Center Corridor\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/marcus-millichap-closes-42-million-two-property-industrial-sale-in-northern-virginias-data-center-corridor\/","og_site_name":"Market Newsdesk","article_published_time":"2026-05-28T19:27:22+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260528436390r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marcus-millichap-closes-42-million-two-property-industrial-sale-in-northern-virginias-data-center-corridor\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marcus-millichap-closes-42-million-two-property-industrial-sale-in-northern-virginias-data-center-corridor\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Marcus &amp; 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