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TYSONS CORNER, VA-The Meridian Group has closed on the acquisition of three buildings at Science Applications International Corp.’s 18-acre corporate headquarters campus, announced earlier this year, after securing about $105 million in debt financing. Eastdil Secured helped Meridian arrange the financial package, which included assistance in the equity component of the investment.

The transaction, as it was described earlier this year, consisted in the trade of four office towers totaling 900,000 square feet and a 600,000 square foot sale leaseback with SAIC. The fourth building is being torn down for redevelopment. SAIC filed plans to redevelop the property with an additional 3 million square feet of mixed uses, including office, residential, retail, and hotel. Now Meridian will take over these plans.

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