www.marej.com M id A tlantic Real Estate Journal — March 2024 — 15C The LARGEST MIXED-USE PROJECT of 2023 SCOPE Commercial Real Estate Services, LLC 2201 Frankford Ave Greysteel 3500-3518 Connecticut Ave NW Washington, DC Northmarq Jasper Columbia Pike Arlington, VA
Brokers: Benjamin Wilson, Ian Weisz Trophy-grade multi-tenant commercial building in the heart of Cleveland Park, one of D.C.’s most affluent neighborhoods and positioned at the entrance to the metro station. One of Washington, D.C.’s most recognizable buildings with 100% occupancy and the opportunity to add substantial value through efficient management.
Size: 269 units and 26,993 s/f of Retail Brokers: Chris Doerr, Will Harvey, Shack Stanwick, Ari Azarbarzin and Anthony Pino Jasper Columbia Pike (formerly known as Avalon Columbia Pike) was Northern Virginia’s largest true mixed-use transaction in 2023. Built in 2009 to condo- level specs, the property features 269 units above 26,993 s/f of fully leased ground floor retail. Situated just outside of Washington, DC, Jasper Columbia Pike boasts a 95 Walk Score (Walker’s Paradise) and ideally located along Arlington’s walkable Columbia Pike corridor. The central location offers direct access to an elite array of employment hubs including National Landing, the Rosslyn-Ballston Corridor, Alexandria, Tysons Corner and Downtown Washington, DC.
Size: 20,000 s/f Brokers: Phil Sharrow and Fahd Malik
SCOPE sold the Yellowjacket, a corner mixed-use asset featuring 24 residential units over 5,010 s/f of ground floor commercial located in the Fishtown neighborhood of Philadelphia. The property was traded pre-stabilization. Phil Sharrow, managing director at SCOPE, and Fahd Malik, director, represented the buyer and seller. The seller, a local developer, was in the final stages of con - struction at the time of the sale and the property was sold 50% vacant. The buyer, a regional family office in a 1031 exchange, purchased the property in an all-cash transaction. The Yellowjacket, designed in collaboration between the seller and Ambit Architecture, features true designer finishes and amenities that include a roof deck, an onsite fitness center, and parking.
Cushman & Wakefield DSV Solutions at 1005 W. Middlesex Avenue Port Reading, NJ The MOST UNIQUE INDUSTRIAL LEASE of 2023
NAI CIR Shoppes of Hampden Camp Hill, PA The LARGEST RETAIL ACQUISITION of 2023
Brokers: Mindy Lissner, Bill Waxman, David Gheriani, Christine Eberle, Jeff Volpi and Morgan Nitti Size: 904,572 s/f DSV Solutions is a global leader in the logistics and transportation industry. The acquisition of Panalpina and their continued growth necessitated the need for additional space in their New Jersey warehouse. The relocation of a neighboring tenant enabled DSV to renew at their current location and conveniently expand into the adjacent 230,000 s/f unit. This location at Exit 12 of the NJ Turnpike provides immediate access to Port NY/NJ and provides efficient and flexible solutions for DSV’s customers.
Brokers: Craig Rahn and Chris Wilsbach Size: 40,000 s/f
The retail center known as the Shoppes of Hampden located at 3608-3760 Market Street in Camp Hill has been sold. The 40,000 s/f center services the Camp Hill community with carious tenants including UPMC Children’s Community Pediatrics, Fine Wind & Good Spirits, Elements Hairology, El Ola Mediterranean Grocery, and 3700 Market Restaurant. Craig Rahn and Chris Wilsbach, of NAI CIR, handled this off-market transaction.
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