The deal transfers all of GW’s roughly 122 acres of property in Loudoun County, Virginia, to ADS for $427,299,350 — roughly $3.5 million an acre — according to real estate records.
Dozens of people concerned about the future of Augusta Correctional turned out for the Feb. 12 Augusta supervisors meeting.
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A portion of the former Sanibel Outlets site has sold for $5.25 million and will be transformed into up to 200 units of affordable and workforce housing.
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The federal government is buying up warehouses. Flint Development, PNK Group and Big Lots are ready to supply.
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And in an interesting quid pro quo, the buyer is understood to be none other than prolific property developer Bill McNee.