A Bethesda real estate firm has sold the Festival at Manassas shopping center in Manassas for $24.54 million.
Finmarc Management Inc. completed the disposition of the 117,675-square-foot grocery-anchored community center to JCR Companies, according to a company press release. The property at 10288-10388 Festival Lane sits at the signalized intersection of Sudley Road and Portsmouth Road, across from Manassas Mall. It was 88 percent leased and occupied at the time of the sale.