ARLINGTON, VA-Arlington County is planning to buy 2020 14th St.N. situated in the Court House area for approximately $25.5million. The County plans to purchase Thomas Building, whichmeasures 68,000 square feet, from Brookfield Asset Management.

The purchase will allow Arlington County to consolidate itsoperations from two properties. The County may purchase thebuilding by eminent domain if it fails in a voluntary purchase. Theacquisition will be financed through the Pay as You Go funding andthe sale of bonds. For the full story, go to Washington Business Journal . News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

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