Press Release
Company Release – 11/13/2024
Bethesda, MD — Boundary Companies, a private real estate investment firm, announced the acquisition of a small-bay industrial portfolio comprised of seven buildings in Manassas, VA. The portfolio has 32 tenants and is 97% occupied. This acquisition more than doubles Boundary’s existing small-bay portfolio in Northern Virginia. “Manassas, VA has been one of our highest conviction submarkets in Northern Virginia due to the significant supply / demand imbalance from data center development,” noted Alex Caffrey, partner at Boundary. “We’re looking forward to adding these properties to our existing industrial portfolio,” he added. The acquisition represents Boundary’s third investment in the Rendezvous Fund, Boundary’s second discretionary fund, targeting self-storage, industrial, data center, and residential assets throughout the Washington, D.C. Metropolitan Area.
About Boundary Companies
Boundary Companies, founded in 2014, is a privately held real estate investment firm based in Bethesda, Maryland. Boundary focuses on real estate acquisition and development across a wide variety of asset classes with a goal of meeting the highest needs of its stakeholders. Since inception, Boundary has invested in over 6 million square feet of real estate. To learn more about Boundary Companies, visit https://boundarycompanies.com/.
Media
Ryan Fowler
Partner
Boundary Companies
(240) 396-1408
[email protected]