KLNB Facilitates $4.7 Million Sale of Washington, D.C. Industrial Property
KLNB has announced the successful sale of a 16,000-square-foot industrial property located at 3031 8th Street NE in Washington, D.C., for $4.7 million.
The transaction was handled by KLNB’s team consisting of Senior Vice Presidents Josh Katz and Pierce Kreutzer, along with Vice President Aaron Carroll. The team represented the seller, Sunbelt Rentals, and collaborated with Steve Cole, Senior Vice President and Managing Director of NAI Mertz’s Wilkes-Barre, Pennsylvania office. Cole acts as a corporate services advisor to Sunbelt Rentals, overseeing strategic real estate projects and property acquisitions across the country.
“This transaction reflects the value of teamwork and market expertise,” said Aaron Carroll, an industrial specialist based in KLNB’s Columbia, Maryland office. “KLNB prioritizes collaboration – both within our firm and with outside partners – to deliver exceptional results for our clients. Our team was built from our capital markets, industrial brokerage, and occupier advisory practices across three of our five offices.”
The deal underscores KLNB’s integrated approach and deep experience in the industrial real estate sector.
