March 25, 2016
Partner Joe Hoffman and special counsel Aaron Rosenfeld were mentioned in the Washington Business Journal article “Finmarc buys 26-building portfolio from First Potomac for $96 million.” Finmarc Management Inc. has purchased a portfolio of 26 Northern Virginia buildings from First Potomac Realty Trust (NYSE: FPO) for $96 million. Bethesda-based Finmarc acquired the buildings because it establishes “a significant foothold” in the Northern Virginia market, Principal Neil Markus said. The buildings picked up by Finmarc total 950,000 square feet of office, flex/office and warehouse space in Reston, Herndon, Manassas, Merrifield and Chantilly. The space is 76 percent leased by 70 tenants. Finmarc Management was represented by Mr. Hoffman and Mr. Rosenfeld.
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