Signature at Reston, at 11850 Freedom Drive, was 94.3% occupied last year and generated an average monthly rent of $2,841/unit, up from $2,698 in 2023. The two-building complex includes 25,000 square feet of retail space. BXP carried it on its ...
Commercial Observer A venture of Sterling Investors and Simpson Housing has purchased the 508-unit Signature at Reston apartment property in the Washington, D.C., suburb of Reston, Va., from BXP Inc. The venture is said to have paid about $240 million, ...
Commercial Real Estate Direct Staff Report The venture that owns the 983,686-square-foot Plaza America office complex in Reston, Va., is looking to negotiate a term extension of the property's $204.34 million of indebtedness. The venture, comprised of Tamares Group of ...
BisNow Harbor Group International has paid $133 million, or $377,840/unit, for the 352-unit Edmund apartment property in Reston, Va. The Norfolk, Va., investment manager bought the property from Brookfield. Berkadia arranged the transaction. The Edmund, at 2025 Fulton Place, also ...
Bechtel Corp. has leased 289,000 square feet at Reston Overlook, a 319,519-sf office property in Reston, Va. The lease is an expansion from the 200,000 sf that the engineering giant has occupied in the building, at 12011 Sunset Hills Road, since ...
Commercial Real Estate Direct Staff Report The appraised value of Reston EastPointe, a 195,230-square-foot office property in Reston, Va., has been cut by 58 percent to $25.9 million, putting it well below its $38 million indebtedness. The loan is securitized ...
Commercial Observer The $38 million CMBS loan against Reston EastPointe, a 195,980-square-foot office property in Reston, Va., which had transferred to special servicer LNR Partners as its maturity approached late last year, remains outstanding. The loan, securitized through JPMorgan Chase ...
Commercial Observer The venture between Tamares Group and Atlantic Realty Co. that owns Towers III and IV within the Plaza America office complex in Reston, Va., has negotiated a three-year extension of the buildings' $97 million of total indebtedness. The ...
The building at 1881 Campus Commons is 78 percent occupied.
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