2-bldg property also contains 26,000 sf of meeting space and a revolving restaurant on its roof
90% occupied; EDS occupies about 30%; built in 1999
The three-story buildings, completed in 1999, are leased long-term to Capital One Services Inc.
November 27, 2002 Wells Real Estate Investment Trust has purchased a portfolio of four office properties in Virginia and Tennessee from Highwoods Properties Inc.Three of the buildings are in Richmond, Va., are leased long-term to Capital One Services. The buildings, ...
November 21, 2002 Prentiss Properties Trust (NYSE:PP) has paid $55 million for a single-tenant office building in Fairfax, Va.Prentiss expects that the acquisition will offer an initial cash yield of 9.1 percent.The Dallas-based REIT bought the 10-story building – at ...
November 20, 2002 Home Properties (NYSE:HME) has bought West Springfield Terrace, a 244-unit apartment complex in the Washington suburb of Springfield, Va.The REIT paid about $140,000/unit, or $34.2 million, including closing costs. It funded the purchase through its line of ...
November 12, 2002 Divco West Properties LLC has raised $255 million of equity for its opportunistic investment fund, Page Mill Properties LP.The San Jose, Calif., investment firm committed $10 million to the fund, which is targeting 20 percent returns by ...
95% occupied with units averaging 1,016 sf and renting for an average $1,227 per month.
aka AMS Building for its sole tenant, the AMS Corp., whose leases runs through 2011.
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..