ARLINGTON, VA-TA Associates Realty has sold One Ballston Plaza,a 143,000-square-foot office building at 1010 Glebe Road, for $49million. The Meridian Group, a real estate investment anddevelopment firm based in Bethesda, has purchased the building for$343 per square foot.

The eight-story building, constructed in 1986, is currentlyleased to 13 tenants including private firms, national associationsand government contractors. Eastdil Secured brokered the sale.For the full story, go to Washington Business Journal .


GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.