2001 N. Beauregard
Update
02/12/21
Alexandria Office Building Trades for $71.7M
Newmark has brokered the $71.7 million sale of 2001 N. Beauregard, a 12-story office building in Alexandria, VA. James Cassidy and Jud Ryan of Newmark represented the seller, G8 Capital, in the transaction. The buyer was Mexican Real Estate company Grupo Haddad.
The Class A office building spans 239,945 square feet and is 100% leased to Systems Planning and Analysis Inc. (SPA). The tenant has occupied the building since 2004 and has grown from an initial footprint of 40% of the building to now occupying the entire asset. SPA is a defense contractor with various defense-oriented programs, including the Triad Nuclear Submarine Program and the Bureau of Naval Personnel. The property was built in 1990.
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