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NoVA office portfolio trades for $16.5 million

Virginia Business //May 14, 2019//

NoVA office portfolio trades for $16.5 million

Virginia Business // May 14, 2019//

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A pair of Loudoun County office buildings is under new ownership.

A local investor has acquired the buildings at Two and Three Vintage Park in the Route 28 Corridor in Dulles for $16.5 million, according to Avison Young. The buildings have a total 166,264 rentable square feet and sit on 12.05 acres.

Three Vintage Park was built in 2001 on nearly five acres at 22894 Pacific Blvd. It’s a three-story building with 82,660 square feet of rentable space, which is 100% leased.  Two Vintage Park was built in 1990 on a seven-acre site at 45365 Vintage Park Plaza. The building has 83,604 square feet of rentable space and is currently vacant.

Avison Young represented the seller in the deal. The transaction team included Avison Young principals John Kevill, Chip Ryan, Rob Walters and Michael Yavinsky, and Avison Young vice president Michael Murillo.

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