Contact Us
News

Big Portfolio Purchase in Reston

Want to get a jump-start on upcoming deals? Meet the major D.C. players at one of our upcoming events!

Big Portfolio Purchase in Reston

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]