Located on an 11.4-acre site near the intersection of Route 50 and the Beltway, Willow Oaks is 93%-leased to such tenants as SRA International, ACS, General Dynamics and Computer Science Corp. It is a three-building complex, located at 8260, 8270 and 8280 Willow Oaks Corporate Dr. The buildings delivered in 1986, 1989 and 2003, respectively. Eighty-two seventy Willow Oaks has been fully-leased since its initial lease-up in 2005.
Other properties the company owns in the area include Tysons Dulles Plaza in McLean, VA; 1945 Old Gallows Rd. in Vienna, VA; and Redwood Plaza in Fairfax--for a total of more than 857,000 square feet. KBS, which maintains an office in the DC area, "sees Washington, DC as a market with above-average potential thanks to a gradual rebounding of the government and service sectors," according to a prepared statement by local executive Robin Burke. KBS did not return a call to GlobeSt.com in time for publication.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
