Atlantic Realty and Angelo, Gordon & Co. acquired a four-building, 500k SF portfolio in Reston for $82M from Garrison Investment Group. The purchase includes Reston Corner I, II and III, and a fourth building in nearby Parkridge Center. The buildings, near the Wiehle-Reston East Metro station, are about 50% leased to tenants like the Reston Association and Walmart, reports the Washington Business Journal. The buyers plan to invest $5M on building and common area improvements. [WBJ]
Big Portfolio Purchase in Reston
Continue reading this story with a free account
Log in or register
Related Topics:
Atlantic Realty
, Garrison Investment Group
, Parkridge Center
, Reston Corner
, Silver Line
)
)
)
)
)
)
)
)
)
)
)
)