A Northern Virginia developer made its first acquisition outside of the metropolitan Washington, D.C., area, and a big one at that, as it looks to balance its growth across property types and geographies.
Peterson diversifies portfolio, geographic reach with West Virginia acquisition
Developer adds nearly 1 million-square-foot industrial portfolio in first purchase outside DC area
CoStar News
September 3, 2025 | 11:21 P.M.
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IN THIS ARTICLE
- Properties
- The Clarendon
1200 Herndon St, Arlington, VA
- Phase III
264 Development Dr, Martinsburg, WV
- Mid-Atlantic I-81 Logistics Park Phase II
139 Development Dr, Martinsburg, WV
- Companies
- Peterson Companies
Real Estate
- Contacts
- Daniel McCahan
President, Peterson Companies
- Jon Peterson
Chief Executive Officer, Peterson Companies