
North Bend Development Site
415th Ave SE, North Bend, WA, 98045, US
8.72 英畝
Jones Lang LaSalle, a Virginia licensed real estate broker (“JLL”), is pleased to offer 2.99 acres of land for a development project (15,000 SF Under Roof / 1.2 Acres Industrial Outdoor Storage) referred to as 12300 Livingston (or the “Project”) in Manassas, Virginia. The 12300 Livingston site presents a rare opportunity to introduce a new Class A logistics facility to the Northern Virginia industrial market, one of the most land-constrained and high-performing markets in the United States. The region faces significant supply limitations, primarily due to industrial land being repurposed for data center development. The Project is shovel-ready, located right-off I-66, and just 22 minutes from the Capital Beltway (I-495) and the heart of the D.C. Metro. The Project is one of the last development opportunities in the heart of Northern Virginia’s powerhouse Dulles-Manassas industrial submarket, which boasts a 3.2% vacancy rate and tremendous access to population, workforce, and logistics infrastructure: including I-66, Dulles International Airport, and I-95.
As data center developments continue to rapidly expand throughout Northern Virginia, traditional industrial users are experiencing significant displacement due to rising land costs and limited availability. As a result, 7.9 million SF of industrial space is expected to be displaced over the coming years. 12300 Livingston is exceptionally positioned to capture mission-critical demand from industrial tenants supplying and servicing the D.C. Metro and broader Mid-Atlantic populations. With 41 data centers within a 5-mile radius, the Project offers a solution to data center service providers and suppliers requiring proximity to their clients and nearby facilities.
SCARCE DEVELOPMENT PIPELINE IN PRINCE WILLIAM COUNTY
Currently no spec development under construction, providing an immediate opportunity to capture tenant demand with extremely high barriers to entry
7.9 MILLION SF OF INDUSTRIAL DISPLACEMENT DUE TO DATA CENTER DEVELOPMENT
120 industrial properties and counting slated for redevelopment in Northern Virginia
IDEAL LOCATION IN THE RAPIDLY EXPANDING DATA CENTER CAPITAL OF THE WORLD, APPEALING TO DATA CENTER PROVIDERS AND SERVICERS
Over 40 data center developments and campuses within a 5-mile radius of the project
INDUSTRIAL DEVELOPMENTS BENEFIT FROM SCARCITY PREMIUM
Recent data center land transactions in Prince William County exceeded $4 million per acre
UNPARALLELED OCCUPANCY IN THE PRINCE WILLIAM COUNTY AND MANASSAS MARKETS
96.8% industrial occupancy in Prince William County with 13.3% market rent CAGR over the past 5 years across all Class A assets
COVETED ZONING DESIGNATION AND RECENTLY APPROVED SITE PLAN WITH A PRIME LOCATION IN THE HEART OF NORTHERN VIRGINIA
Zoned M-2 (Light Industrial) within Prince William County’s E-Commerce Overlay allowing for larger fulfillment and distribution facilities







