34 — August 2025 — Owners, Developers & Managers — M id A tlantic Real Estate Journal
www.marej.com O wners , D evelopers & M anagers With ARCO Design/Build & Meridian Construction Grp. Kinsley breaks ground on 56,000 s/f warehouse in Virginia
INCHESTER, VA — Kinsley Con- struction is pro- Lot 4 will be home to a new 56,000 s/f warehouse. As the site work contractor, Kinsley Construction is performing eight acres of earthwork; in- stalling water, storm and sanitary infrastructure; and paving to prepare the site for vertical construction. W viding comprehensive site development services for Lot 4 at One Logistics Park in Winchester, VA.
for high-quality distribution and warehousing space in the Mid-Atlantic region. The development offers direct ac- cess to major transportation routes, making it ideal for logistics, e-commerce, and supply chain operations. We’re excited to be part- nering with ARCO Design/ Build and Meridian Con- struction Group to support the continued growth of One Logistics Park and deliver another successful project in the region. MAREJ
Strategically located along the I-81 corridor, One Logis- tics Park is a premier indus- trial development designed to meet the growing demand Lot 4 at One Logistics Park
Marcus & Millichap arranges sale of 70-unit multifamily community in NW Washington, DC
five buildings in order to bring these affordable housing units back online. The property benefits from proximity to The Parks at Wal- ter Reed, a $1 billion redevelop- ment project delivering new re- tail, residences, and community amenities. Major thoroughfares such as Georgia Avenue and Military Road provide direct access to downtown Washing- ton, DC, as well as surround- ing neighborhoods, including Bethesda, Silver Spring, and Rock Creek Park. MAREJ
WASHINGTON, DC — Marcus & Millichap announced the sale of Concord Gardens, a 70-unit multifamily commu- nity located in the Brightwood neighborhood of Northwest Washington, DC. The property sold for $4.5 million. 54% of the units were vacant at the time of sale, offering immediate repositioning potential. Built in 1936, Concord Gar- dens consists of five contigu - ous garden-style apartment buildings, each with three stories and a basement. All
Concord Gardens
units are one-bedroom, one- bathroom, averaging 650 s/f on a 0.93-acre lot. The new buyer, Georgia Builders, LLC, will be doing a full gut rehab on all
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