Stout & Teague Sells McLean Property for Redevelopment

Stout & Teague Sells McLean Property for Redevelopment

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Feb 01, 2023
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Stout & Teague arranged the sale of 6861 Elm Street in McLean on behalf of long-time owner Ramay Family Partnership.  Stout & Teague marketed the 30,000 sf office building as income property with redevelopment potential under the new McLean CBD Comprehensive Plan.  The property was sold to a neighboring owner as a part of a rezoning and redevelopment plan for The Astoria, a new 287,000 sf mixed-use development.