est. price; aka Parklawn Building; fully leased to the General Services Administration
The six-story office building is vacant
2 bldgs are in the Shady Grove Executive Center and are fully leased to Lockheed Martin.
Two buildings are 98% leased to such tenants as Lockheed Martin and the U.S. FDA
aka Atrium Building; The three-story building is less than half leased, but the NIH is taking 37,000 sf
Besides the 2 buildings, the property has a site suitable for another 76,440 sf.
4-bldg campus is 90 percent leased to three tenants.
17-bldg park has 9 office bldgs (692,000 sf) and 8 flex-space bldgs (211,000 sf); GIC paid $94.6Mln in 1997
Purchase (which consisted of $37Mln in assumed debt) made from JV in which buyer held a 10% interest.