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News release

WASHINGTON

Realterm Taps JLL to Lease Newly Acquired 9 Acre Logistics Facility in Lorton, VA

High Flow-Through Logistics Facility Along I-95 Offers Access to DC, I6 Zoning


WASHINGTON, JULY 14, 2014 - JLL announced today that Realterm NAT has hired the firm’s Northern Virginia office to lease a 48,000-sqaure-foot cross-dock logistics warehouse on 9.11 acres of paved heavy industrial land at 8550 Terminal Road in Lorton, VA.

John Dettleff and Bill Jenkins of JLL’s Mid-Atlantic Industrial Practice Group, will manage this assignment on behalf of the firm.

The property has over 550-feet of frontage on I-95, offering tenants visibility from more than 200,000 cars per day. This is an excellent location for final mile delivery of consumer goods into the Washington, DC metropolitan region, or as a regional freight distribution point for the Washington-Baltimore area.  Paved and fully fenced, the property is zoned I6 and includes a 7,000-square-foot vehicle maintenance facility.

“This is one of the most unique industrial offerings in the Washington metro area,” said Dettleff. “It is very rare to find this much available industrial land so close to Washington and surrounded by a densely populated, affluent and young population base.”

Realterm NAT (http://www.realtermnat.com/) closed on its acquisition of the property last week. The acquisition was made through the firm's Realterm Logistics Fund, L.P, a $400 million value-add vehicle that focuses on investments in logistics real estate in primary and key secondary U.S. markets. The fund is a continuation of Realterm NAT’s 17-year strategy in the High Flow-Through Logistics space. Since inception, Realterm NAT has owned and managed in excess of $1 billion in assets, and over 250 properties throughout the United States and Canada.

“We focus on High Flow-Through (HFT) facilities, which are located in and around major population centers and offer critical, high-volume, ‘last mile’ freight distribution transfer points," said Paul Underwood, Senior Vice President of Realterm NAT. "Our properties facilitate the efficient flow of goods to their final destination at the last stage of the supply chain.”

Underwood and Dettleff say that the property has already generated interest from national logistics users and local industrial users requiring vast areas of outside storage for materials and equipment.

Realterm NAT is a vertically integrated owner/operator with best-in-class in-house expertise in acquisition, leasing, property management, design, construction and development.

Realterm NAT is a subsidiary of Realterm Global, a private equity investment firm and development company focused on logistics and infrastructure assets with approximately $2.5 billion in assets under management across more than 300 operating and development investments in the U.S., Canada, Europe and India.

Realterm Global’s four investment strategies include Realterm NAT (surface transportation logistics real estate), Aeroterm (on-airport logistics real estate), IndoSpace Logistics Parks (India’s leading industrial developer), and Realterm Energy (renewables and energy efficiency).

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4 billion, JLL has more than 200 corporate offices and operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $48.0 billion of real estate assets under management. JLL is the brand name of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.​