Morgan Stanley Real Estate Investing acquires Virginia logistics facility for $172m
Monday, October 26, 2026 · first reported by IREI and 1 other
A $172.1 million deal gives Morgan Stanley Investment Management a new logistics asset in Stafford, Virginia. Funds managed by Morgan Stanley Real Estate Investing made the purchase.
The 935,000-square-foot class A warehouse was finished in 2026. J. Richards leases it long term on a net basis, with its investment-grade parent Quanta Services guaranteeing the lease. Features include 40-foot clear heights, a cross-dock design and heavy loading capacity. Interstate 95 runs nearby, and Washington, D.C. and Richmond are each about an hour away.
- Also named
- J.E. Richards, Quanta Services
- Deal value
- $172M
- Asset class
- Real estate
- Geography
- North America
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