H&R Retail Represents Federal Realty In Purchase Of Shopping Center In Alexandria, VA

11/11/16

Michael Gorsage and Kate Howarth

H&R Retail, a Washington, DC/Baltimore-based retail real estate brokerage firm,announced that it represented Federal Realty Investment Trust in the purchase of a shopping center at 6464 Lincolnia Road, Alexandria, Va. (Fairfax County) for an undisclosed price.

The 14,849-square-foot center is situated on 1.6 acres and is located adjacent to Federal’s Barcroft Plaza shopping center.

Michael Gorsage and Kate Howarth with H&R Retail represented the purchaser. The center was sold by by the James M. Loftus, Jr. Irrevocable Legacy Trust and the James M. Loftus, Jr. Revocable Trust c/o Wells Fargo Private Bank.

About H&R Retail Investment Properties

H&R Retail Investment Properties (www.Investmentproperties.HRRetail.com), with offices inBethesda and in Baltimore, Maryland, is the largest retail-only brokerage firm in the Washington, D.C./Baltimore Metropolitan Area. The firm specializes in the sale of retail investment properties, leases a portfolio of shopping centers totaling in excess of 12.5 million square feet and represents 80 big box, specialty stores and restaurants. A dedicated team provides clients with unparalleled market knowledge, aggressive marketing, extensive experience and exceptional service.

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