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Monday, 27 June 2016

Meridian Paid $106.5Mln for International Place

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Meridian Group had paid $106.5 million, or $362.80/sf, for International Place, a 293-539-square-foot office building in Rosslyn, Va.

As reported, the Bethesda, Md., investment manager had purchased the 12-story building at 1735 North Lynn St., from Beacon Capital Partners. But its purchase price had been understated.

The property's sale was brokered by Cushman & Wakefield.

Last year, when Morgan Stanley had provided...


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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • Cities: Washington
  • States: District of Columbia
  • Sector: Office
  • Subject: Property Acquisitions (ACQ)
  • Company: CV Reit Inc.
  • Valuation: Between $100 million and $150 million
  • Private: Yes
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