JK Moving Founder Buys Manassas Industrial Park for $90 Million

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JK Moving founder Chuck Kuhn's JK Land Holdings has purchased the Redstone Industrial Park in Manassas, Virginia for $90 million. The 400,000-square-foot industrial hub houses tenants like DHL eCommerce and N.J. Sullivan, and the sale indicates ongoing industrial and potential data center expansion in the area just south of the park.

Why it matters

The sale of the Redstone Industrial Park for $90 million represents a significant investment in Manassas' industrial real estate market. As e-commerce and logistics companies continue to seek out strategic distribution hubs, this purchase signals that Manassas is poised to attract more industrial and potentially data center tenants in the coming years.

The details

The Redstone Industrial Park, located on University Boulevard in Manassas, was sold by its previous owners to JK Land Holdings, the real estate arm of JK Moving founded by Chuck Kuhn. The 400,000-square-foot park currently houses tenants like DHL eCommerce and N.J. Sullivan, and KLNB will manage future leasing for the property. The $90 million sale price reflects the continued demand for industrial real estate in the Manassas area, which has seen growth in sectors like logistics, distribution, and data centers in recent years.

• The Redstone Industrial Park was sold in March 2026.

What’s next

The sale of the Redstone Industrial Park is expected to pave the way for continued growth in Manassas' industrial and data center sectors as the area attracts more logistics, distribution, and technology companies seeking strategic real estate.