Dulles Executive Plaza Update 06/02/21

Herndon Office Plaza Acquired for $113.5M

Innovatus Capital Partners has acquired Dulles Executive Plaza in Herndon for $113.5M. The two-building plaza features a total of 384,336 square feet of space originally constructed in 2001 and recently renovated in 2019. The property is currently 94% leased with major tenants including Lockheed Martin Corp & Constellis and last traded in April 2017 for $71.6M.

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