TYSONS, VA – JLL Capital Markets has arranged $50 million in financing on behalf of the borrower, the Meridian Group, for a 222,989-square-foot, class A office building in Tysons, VA.
JLL led the financing efforts for the Meridian Group to secure the five-year, floating-rate loan through a national banks.
Located at 8251 Greensboro Dr., the nine-story property, Eastboro V, is situated near the Greensboro Metrorail station and the 4.25 million-square-foot, mixed-use project, The Boro, which was developed by the Meridian Group.
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The build-to-suit asset was completed in 1996 for Booz Allen Hamilton, which currently occupies the entire building as its global headquarters.
The JLL Capital Markets team, led by Paul Spellman, Dan McIntyre, Rob Carey and Drake Greer, represented the borrower.
"We continue to see attractive capital for well-leased office assets with credit quality and term, as evidenced by this execution, which was a new entrant to the market and a first-time relationship for our borrower," says Spellman.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
