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Dallas to Dulles

Dallas-Fort Worth
Dallas to Dulles
Dulles Station East
KBS Realty Advisors' SVP Walter Foster told us last month that the firm is always in the market to buy and sell. Exhibit A: acquiring Dulles Station East I, a six-story office tower that serves as the icon of the 63-acre, mixed-use Dulles Station in HerndonVa. Completed in '08, Dulles Station East I (a NAIOP ”Best Suburban Office”) is a 187k SF office tower, located at the entrance to Dulles Station along the Dulles Toll Road. The site's proximity to a planned Metro station, combined with the design and high parking ratio, give the property a competitive edge, says KBS senior VP Stephen Evans. KBS-affiliated companies own five other Virginia properties in the greater DC area, totaling over 1.5M SF. And here we thought lighting a sparkler on July 4 was a good gift to DC.