May 6, 2011
Costar… Beacon Capital Partners LLC sold a 19-story, 392,000-square-foot office building in Arlington, VA, to Tishman Speyer for $205 million or $523 per square foot. Built in 1980, the Class A property is at 1300 N. 17th St. in the Rosslyn-Ballston submarket, about 10 minutes west of Washington, DC. The building is fully leased with a tenant roster led by Pepco Energy Services, BAE Systems Inc., Raytheon BBN Technologies, Accenture and the U.S. Department… See the rest here: Beacon Capital Sells VA Office Tower for $205 Million Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net
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May 4, 2011
A few large commercial banks are becoming more bullish on commercial real estate, in the latest sign that the financing is beginning to flow more freely into the capital-starved sector.
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