Washington Real Estate Investment Trust (WRIT) will acquire John Marshall II, an office building in Tysons Corner, Virginia, for $73.5 million, Citybizlist Real Estate reports. The acquisition is subject to the assumption of a $54.3 million, 5.79% loan.
The property is 100% rented to Booz Allen Hamilton and serves as their worldwide headquarters. The Booz Allen lease is scheduled to mature in January 2016. The property is part of the company’s four building corporate campus.
Click here for the story from Citybizlist Real Estate.