The American Real Estate Partners firm is poised to total the acquisition of a number of superiority office assets, according to inside source. COO Brian Katz told news reporters the past that the speculation firm has been contracted to acquire two plum offices in the CBD of Herndon, VA, but refused to say no matter which more. He promised that the details would be made on hand soon, yet.
Westgate I. Image politeness of American Real Estate Partners
However, Mr. Katz did not say no to confirm who was behind the deal, nor would he disclose any figures concerning how much cash changed hands.
The Westgate I building, who measures a sprawling 230,518 square feet, am in a prime location about 35 miles from central Manhattan. At this time, it is leased to Everest R.E.
In the interim, Riverside on the James in Richmond is a massive office and retail project that measures 263,000 square feet. The construction, which is 91% leased at the moment, houses firms as well as Harris Williams/PNC, Troutman Sanders LLP and Rutherford, which is a contributory of the Marsh Company.
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