Penzance has paid $55 million, or $259.32/sf, for the 212,086-square-foot Gateway & Linden industrial complex in Manassas, Va., some 35 miles west of Washington, D.C. The Washington investment manager bought the six-building property from a venture of Davin Holdings and Davis Cos., which had purchased it in 2022 for $45.6 million. The property’s Gateway Centre, […]

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