Website news Nov. 24, 2021
Weichert Realtors, Commercial/Elkins Lane Realty Advisors is pleased to announce the successful sale of 405 N. Henry Street, Alexandria, Virginia on behalf of the owner, PMK Associates.
The buyer, the Naval Submarine League, will use the property as its national headquarters. The NSL promotes a strong undersea arm of the U.S. Navy and provides a resource to assist Naval leadership in confronting the challenges of undersea warfare.
The property is well situated in the north end of Old Town Alexandria surrounded by new development spurred by access to the Braddock Road Metro station and the future Amazon HQ and the Virginia Tech Technology campus. Interest rates are still low and commercial properties are starting to move again-- shaking off the effects of the pandemic.
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