Springfield, VA – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of Backlick Center, a 48,267-square-foot retail center located at 6651-6691 Backlick Road in Springfield, Virginia, just 15 miles south of Washington, DC near the I-95/I-495 interchange.
Cushman & Wakefield’s John Owendoff represented the seller, a real estate fund advised by Crow Holdings Capital, in the transaction. The asset was acquired by Glazer Properties.
“Backlick Center is exceptional real estate located in the heart of Northern Virginia,” said Owendoff. “We saw significant interest in this property as investors continue to gravitate to high-quality retail offerings.”
Backlick Center is ideally situated in a mature, infill market surrounded by residential communities and in proximity to major employers. The center is home to a diverse roster of tenants including Chick-fil-A, Advance Auto Parts, Outback Steakhouse and Taco Bamba, among others.
A photo of the asset can be downloaded here.
About Glazer Properties
Glazer Properties is an industry leader in the ownership, acquisition, management, and leasing of premier commercial real estate throughout the United States. Kevin Glazer, philanthropist, is the founder, CEO, and owner of Glazer Properties. Mr. Glazer has been a prominent fixture in the commercial real estate industry for over 30 years. He is also a co-owner of the Tampa Bay Buccaneers and a principal investor in the Manchester United Football Club.