Property was acquired in March 2020 and consists of a 358,738 square foot, 15-story, trophy-quality office building in Falls Church, Virginia. The property was 87% leased at time of acquisition and anchored by BAE Systems, Deloitte, Booz Allen Hamilton and Wiss, Janney, Elstner.
Class A+, 15-story office building in Fairview Park with over 9 years of WALT remaining at acquisition
Trophy-quality property serves as BAE Systems’ North American headquarters and was previously the global HQ for a Fortune 100 defense company for the past 18 years
Leased to strong credit tenants, with BAE Systems, Deloitte, and Booz Allen Hamilton and Wiss, Janney, Elstner anchoring the property
Central location within Northern Virginia offers easy access to one of the country’s most educated and highly-skilled workforces
Northern Virginia has a sticky tenant base of defense and government contractors and has seen a recent influx of large technology companies including Amazon (HQ2), Google, and Microsoft