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100%-Leased Office Building Sells for $3.8M

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FREDERICKSBURG, VIRGINIA: Cushman & Wakefield | Thalhimer is pleased to announce the successful lease-up and sale of the 100%-leased flex office building, Deep Run Building C. After losing a tenant occupying 78% of the building, the Cushman & Wakefield | Thalhimer team successfully marketed and leased approximately 33,000 square feet in 18 months, backfilling the property to 100% occupancy. 
Following lease-up, Cushman & Wakefield | Thalhimer marketed and managed the successful disposition of the asset. DRBC Fredericksburg, LLC purchased the 42,216 square foot office building from Deep Run Building C, LLC for $3,801,110 as an investment. Thalhimer will provide leasing and management services for the new ownership. 
Wilson H. Greenlaw, Jr., CCIM of Cushman & Wakefield | Thalhimer handled the leasing and sale negotiations on behalf of the seller.