(Mark Your Calendars. The 11th AnnualRealShare Washington, DCconvenes at the Ritz Carlton, June 1. Click here for moreinformation.)
ARLINGTON, VA-One Ballston Plaza in the Rosslyn BallstonCorridor has traded for $49 million. Bethesda, MD-basedMeridian Group acquired the 142,833-square-footbuilding at 1010 N. Glebe Rd. from TA Associatesof Boston. Eastdil Secured was the broker in thetransaction.
An eight-story building that delivered in 1986, One Ballston has13 tenants, including government contractors, private firms andnational associations. More importantly, it is located in one ofthe best-performing submarkets in the DC area.
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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.
