Kuhn buys industrial park in Manassas for $90M

Sterling-based real estate company JK Land Holdings, founded by real estate investor and developer Chuck Kuhn, has purchased a 240,000-square-foot industrial park in Manassas, according to a Friday announcement by Washington, D.C.-based commercial brokerage and real estate services firm KLNB.

Kuhn told Virginia Business Friday that he paid about $90 million for the property — named Redstone Industrial Park — and that the sale closed last week.

JK Land Holdings purchased the site at 11400 and 11500 University Blvd. from Boston-based Dogwood Industrial Properties, an owner-operator of logistics space. It includes two buildings that were built in 2024 and sit on more than 18 acres.

DHL eCommerce opened a roughly 138,000-square-foot distribution center at 11400 University Blvd., moving its Elkridge, Maryland, distribution center to the Manassas site, according to a February 2024 news release. In March 2025, DHL eCommerce secured a full-building lease for the facility at 11400 University Blvd., according to KLNB. Metal manufacturer N.J. Sullivan Co. maintains a portion of the adjacent building at 11500 University Blvd. Both tenants will stay at the facility. KLNB will oversee all future tenant leasing there.

“Those buildings will remain industrial buildings, and they have long-term tenants in them currently,” Kuhn said.

Dogwood Industrial purchased Redstone Industrial Park on Nov. 4, 2024, from an entity connected to Maryland-based real estate firm Matan for $68.8 million, according to Prince William County property records.

Kuhn, who founded JK Moving Services, North America’s largest independently owned and operated moving company, said he has purchased 28 properties between University Boulevard and Industrial Road. They were purchased for a mix of commercial, industrial and data center development, according to Kuhn.

“It was an area that was in need of redevelopment,” he said. “There was a lot of old legacy industrial properties in there. There was contractor gravel lots. There was some buildings in there that were quite a bit older. There was some more recent builds as well. But I thought it was an area that was ready for redevelopment.”

The sale was completed in three months, according to KLNB. KLNB Principal Joe Friedman and Associate Josh Norwitz represented the seller. KLNB Principal Ryan Goeller represented the buyer.

“By working across our internal teams, we were able to identify the perfect match for this off-market asset, ensuring a swift and efficient closing for Dogwood Industrial and a critical acquisition for JK Land Holdings,” KLNB Principal Ryan Goeller said in a news release.

In February, KLNB represented JK Land Holdings in the $28.5 million off-market acquisition of an 83,330-square-foot industrial warehouse in Sterling.

Founded in 2015, JK Land Holdings seeks land acquisitions that can be sold, leased, developed, placed into a conservation easement or used by sister companies JK Moving Services and CapRelo, which provides global relocation and assignment management services.

“We’ve been doing quite a bit of acquisition for conservation easement in western Loudon [County] and in the state of Virginia and Colorado,” Kuhn said. “So we continue to put efforts into conservation easement, and we continue to to develop primarily industrial and some data center development.”