STAFFORD, VA-The Washington Real Estate Investment Trust has acquired two office buildings within Quantico Corporate Center for $68 million. The newly constructed, four-story buildings total approximately 271,000 square feet are fully leased to 14 tenants, including BAE Systems, General Dynamics and MITRE.

Located at 925 and 1000 Corporate Dr., they are the first two office buildings at the Quantico Corporate Center office park. WRIT funded the purchase with cash and its line of credit. The REIT expects to achieve a first-year unleveraged yield of 8.8% on a cash basis.

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