The Goldstar Group Acquires 186,000 SF Industrial Warehouse in Manassas, Virginia for $9.35M

Asset is currently 92% leased to two tenants The Goldstar Group has announced the acquisition of a 186,00 square foot industrial warehouse facility located in the Manassas sub-market of Northern Virginia for $9.35 million. Stephen Perkins of Newmark Grubb Knight Frank represented both the buyer and the seller, Euclid Avenue Investors, LLC, in this transaction. The asset, positioned at 9061 Euclid...

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Real estate firm buys Shelter Cove Apartments in Odenton

By RICK HUTZELL rhutzell@capgaznews.com A real estate investment firm said Wednesday it paid $43 million for the Shelter Cove Apartments, a 300-unit complex in Odenton. The Goldstar Group of Bethesda said it would continue ongoing interior renovation of approximately 200 units, expected to be completed within three years. Shelter....

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Real Estate Inc. Howard County apartment complex sells for $23.6M

Bethesda-based Goldstar Group has purchased a 140-unit apartment complex in Howard County for $23.6 million. Ashbury Court Apartments, located at 10095 Washington Blvd. N. in the Howard County section of Laurel, is a mixed-use project with 32,000 square feet of first-floor retail. The deal includes an option to build a second phase of residential. Goldstar Group said it was attracted to the property....

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FBI screening center sells for $93.5 million

A joint venture including Bethesda’s Goldstar Group has sold a Vienna complex housing the FBI’s Terrorist Screening Center for $93.5 million, or about $415.50 per square foot, to a pension fund managed by California-based GI Partners, according to sources familiar with the deal. The property at 801 Follin Lane, also known as Liberty Park at Tysons, includes the FBI’s 190,000-square-foot screening....

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New Va. Square Condo Building Plans Fall Opening

The AKA Virginia Square extended stay hotel is undergoing a conversion into a condominium building and plans to open this fall. The building, at 3409 Wilson Blvd, was purchased by Bethesda-based The Goldstar Group. The company has rebranded the building as Arc 3409, saying it will featuer “luxury condos.” The sale went through this spring, and by May the hotel was no longer taking reservations....

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Virginia Square apartments set for conversion back to condos

The Goldstar Group plans to convert a Virginia Square apartment building that was originally built as for-sale residential units back into condos after acquiring the site May 29 for $40 million. Goldstar and joint venture partner Finmarc Management Inc. bought 3409 Wilson Blvd. for about $469,000 a unit from a joint venture between Korman Communities Inc. and Hunt Properties. The property was initially....

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Goldstar Group buys into Barracks Row

The Goldstar Group Inc. has acquired two commercial properties in Barracks Row as the Bethesda-based company tries to increase its presence in the Southeast D.C. neighborhood. Goldstar paid $1.7 million to buy the properties at 425 and 427 Eighth St. SE from a pair of individual owners, according to D.C. property records. The building, by Eighth and E streets, combine for only about 6,600 square....

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The Goldstar Group Acquires 265 Units at Barracks West in Charlottesville, VA DC-Area investment group pays $13.3 million in off-market short sale; plans $4.5 million renovation.

Bethesda, MD (PRWEB) October 01, 2012 The Goldstar Group of Bethesda, MD has acquired 265 rental condominium flats and townhomes at Barracks West in Charlottesville, VA for $13.3 million ($50,000 per unit) in an off-market short sale. Located just a half mile from the University of Virginia’s....

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