A joint venture between StonebridgeCarras and Chicago-based Creek Lane Capital announced Wednesday it has purchased 5 acres of land in Alexandria for its Hoffman Town Center project, allowing the companies to move forward on construction on the 1 million-square-foot mixed-use development anchored by a Wegmans grocery store in early 2019.
Doug Firstenberg, a principal with Bethesda's StonebridgeCarras, declined to disclose the price that the joint venture paid for blocks 4 and 5 from the Hoffman…
