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The new six-story 187-room Courtyard by Marriott Dulles Herndon is located five miles from Washington Dulles International Airport in the technology corridor dubbed “the Silicon Valley of the East.”
The Jersey City, NJ-based REIT also sold 700 Horizon Drive to VEREIT of Phoenix. The 120,000-square-foot building that boasts similar amenities as 600 Horizon Drive, including advance fiber-optics, is leased to AAA.
Travel Portland's tourism improvement district-funded marketing and PR efforts have produced significant results for the local economy in that travel to Portland nearly doubled from 2013 to 2018.
With limited supply, urban in-fill generational triple net assets leased to top-tier credit tenants in hot markets such as Los Altos continue to be in high demand and many sales are off-market.