JLL arranges sale and financing of Northern Virginia industrial facility

• JLL advised on the sale of a 629,018-square-foot Class A industrial facility in Stafford, Virginia.

• JLL represented Peterson Companies in the sale and arranged acquisition financing on behalf of the buyer.

• Completed in 2022 on approximately 81.8 acres, the property is a state-of-the-art inbound cross-dock facility that is fully leased to Amazon.

WASHINGTON, D.C., Oct. 29, 2026 – JLL Capital Markets announced today that it arranged the sale of a 629,018-square-foot Class A industrial facility located at 220 Centreport Parkway in Stafford, Virginia.

JLL represented the seller, Peterson Companies, in the transaction. Working on behalf of the buyer, JLL also arranged an acquisition loan.

Completed in 2022 on approximately 81.8 acres, the property is a state-of-the-art inbound cross-dock facility that is 100% leased to Amazon. The build-to-suit asset features 36-foot clear heights, 132 dock-high doors, four drive-in doors, 702 trailer parking spaces, 1,002 employee parking spaces and significant power capacity supporting large-scale distribution operations. The property represents one of only two inbound cross-dock facilities of its type in the Mid-Atlantic region for Amazon, serving an extensive distribution network.

Located immediately adjacent to Interstate 95 and Route 1, the property sits along the strategically important Washington, D.C.-Richmond corridor, providing connectivity to major East Coast population centers. The facility is positioned 50 minutes from downtown Washington, D.C., 55 minutes from Richmond and just over two hours from the Port of Virginia. The location also offers access to Ronald Reagan National Airport in 45 minutes and Dulles International Airport in 55 minutes, supporting multimodal freight operations.

The property is part of Northern Virginia Gateway, a 270-acre, 1.7 million-square-foot logistics and business campus developed by Peterson Companies. The campus is home to major distribution, transportation and technology-related users, reinforcing its strategic position along the East Coast’s transportation network. Peterson’s vision for Northern Virginia Gateway was to pioneer an institutional-grade commercial hub benefiting from Stafford County’s business friendly environment while serving as an economic engine for the local community. The campus has generated thousands of local jobs while delivering economic benefit to the county through ongoing operations, property tax contributions and the multiplier effects of large-scale logistics industrial and technology activity.  

The JLL Investment Sales and Advisory team was led by Senior Managing Director Bill Prutting, Senior Director Craig Childs and Director Ginna Wallace. JLL's Debt Advisory team was led by Managing Directors Chris Hew and Robert Carey, who arranged acquisition financing for the buyer. JLL Derivatives advised the borrower with respect to an interest rate hedge.

"The Mid-Atlantic corridor between Washington, D.C., and Richmond continues to attract significant institutional capital as investors recognize the region's strategic importance to national supply chain networks," said Prutting. "Dense population centers and billions in transportation infrastructure investments have created exceptional fundamentals that position well-located, credit-leased industrial assets for sustained long-term performance."

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

As one of the largest privately-owned real estate development companies in the Washington, D.C. region, Peterson Companies has more than 60 years of experience creating places that bring people together. The company’s diverse portfolio spans mixed-use, retail, residential, office, industrial and self-storage properties, with a long-standing commitment to meaningful development and positive impact across the region. Peterson Companies’ portfolio includes some of the region’s most prominent destinations, including National Harbor, Rio, Fairfax Corner, Fair Lakes and Tysons McLean Office Park. Combining market expertise with a fully integrated development platform, Peterson Companies creates vibrant places that connect people with experiences, communities, neighborhoods, supply chains and information. For more information, visit www.petersoncos.com.