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Cushman & Wakefield Arranges Sale of 48,267-SF Retail Asset in Springfield, Virginia

Jayden Lapin-Tatman • 3/21/2022

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. Backlick_Center_750x456 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.

About Cushman & Wakefield 

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake External Link on Twitter.

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