Mar
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670 KSF Class A Corporate Park Commands $145.5M in D.C. Area
ByThe four Pacific Corporate Park buildings are located next to AOL’s Dulles headquarters and just a few miles north of Dulles International Airport.
Pacific Corporate Park, Sterling, Va.
Washington—Manhattan-based REIT Gramercy Property Trust recently announced the sale of Pacific Corporate Park, a four-building, 670,000-square-foot office campus located in Sterling, Va., for a price tag of $145.5 million, approximately $209 per square foot. The company reported that the exit cap rate for the asset was 6.7 percent on in-place 2016 net operating income.
Sitting at 22110, 22260, 22265 and 22270 Pacific Blvd., the four Class A Pacific Corporate Park buildings are located right next to AOL’s Dulles headquarters and just a few miles north of Dulles International Airport…
670 KSF Class A Corporate Park Commands $145.5M in D.C. Area
