City: Herndon
McLearen Center
The building is fully leased to Boeing Co. It is five miles from Dulles International Airport and about 25 miles west of Washington, D.C.
Dulles Executive Plaza
It is 94 percent occupied, with Lockheed Martin's Space Systems division occupying roughly half of it through 2024, and Constellis occupying another 28 percent through June 2031.
Boyd Watterson Buys Suburban D.C. Office Building for $48Mln
Washington Business Journal Boyd Watterson Asset Management has paid $48 million, or about $300.67/sf, for McLearen Center, a 159,644-square-foot office building in Herndon, Va. The Cleveland company bought the property from Lexington Realty Trust, a New York REIT that had ...
Suburban Washington, D.C., Office Sells for $113.5Mln
Commercial Real Estate Direct Staff Report Innovatus Capital Partners has paid $113.5 million, or $299/sf, for Dulles Executive Plaza, a two-building office complex with 384,336 square feet in the Washington, D.C., suburb of Herndon, Va. The New York investment manager, ...
UDR Pays $328.5Mln for 3 Apartment Properties in Fla., Mass., Va.
UDR Inc. has paid $328.5 million for three apartment properties with 1,372 units in Florida, Massachusetts and Virginia. The REIT bought the three properties in separate deals from Jones Street Investment Partners, Sentinel Real Estate Corp. and Woodfield Development. It ...
Mixed-Use Project to be Developed in Herndon, Va.
Commercial Observer Comstock plans on constructing a mixed-use project in downtown Herndon, Va. The Washington, D.C., developer is working on the project in a public-private partnership with the town of Herndon. The development will have 273 apartment units, 17,300 square ...
Washington REIT Sells 2 D.C.-Area Office Properties for $106.5Mln
Commercial Real Estate Direct Staff Report Washington REIT has sold two office buildings with 343,885 square feet in the Washington, D.C., area for $106.5 million The company sold the 136,540-sf building at 1227 25th St. NW in Washington for $53.5 ...
Walmart Labs Looking to Sublease Herndon, Va., Office Building
Bisnow Walmart Labs, which this summer signed a lease to fully occupy a Herndon, Va., office building, is now looking to sublease the space. The technology arm of Walmart has hired CBRE to sublease the 162,357-square-foot building at 2245 Monroe St. ...
VEREIT Sells Stake in Herndon, Va., Office Building in Deal Valued at $50Mln
VEREIT Inc. has sold a stake in a 167,285-square-foot office building in Herndon, Va., in a deal that values the property at $50 million, or $299/sf. Gatehouse Capital of Kuwait acquired the stake in the building, at 12975 Worldgate Centre, ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
