Buyer Rep: CapStar Closes $3.1 Million Sale of Land
CapStar congratulates our client’s recent success in acquiring a 3.47 acre lot in Sterling, Virginia. The property was traded at $3.12 million in May 2023. Sophie Tsai, Vice President for CapStar Commercial Realty, represented the buyer WinEagle. CBRE represented seller ELION in this sale's transaction.
The property is located in Sterling within proximity to the Dulles International Airport and surrounded by numerous amenities. It features excellent visibility on Davis Drive and easy access to Route 28 and the Dulles Toll Road. The buyer intends to develop it into an industrial/flex project for its own use, with the specific plan of use to be disclosed at a later date.
Sophie Tsai joined CapStar in 2012. By specializing her experience in property management and finance, Sophie specializes in seller and buyer representation on various types of properties for local and international clients.
About CapStar Commercial Realty
Since 1994, CapStar Commercial Realty is a full service commercial real estate firm headquartered in Gaithersburg, MD, operating across the District of Columbia, Maryland, and Virginia. CapStar assists small and large companies, from local to an expanding brand, with services in leasing, sales and acquisitions, property management, business acquisitions, consulting, and a unique specialty in restaurants. CapStar’s range of services and proprietary database help sellers, buyers, landlords, and tenants, identify real estate opportunities in retail, office, industrial, land, and condominiums.