HFF Closes $41.1M Sale of Office/Flex Space in Chantilly, VA

WASHINGTON, D.C. – The Washington, D.C. office of HFF (Holliday Fenoglio Fowler, L.P.) has closed the sale of Sullyfield Commerce Center and The Earhart Building, office/flex buildings (above photo) totaling 336,107 square feet in Chantilly, Virginia.

HFF senior managing directors Jim Meisel (top right photo) and Dek Potts (top left photo) and director Andrew Pulliam led the investment sales team on behalf of the seller, WRIT – Washington Real Estate Investment Trust.

RREEF purchased the properties free and clear of debt for $41.1 million. WRIT owns and manages 90 income-producing properties in the Baltimore/Washington, D.C. area.

Sullyfield Commerce Center includes two properties totaling 243,690 square feet located at 14320 and 14370 Sullyfield Circle. The Earhart Building is a 92,417-square-foot, single-story building located at 14000 Thunderbolt Place.

Key tenants include Northrop Grumman, L3 Communications, DHL, Cort Furniture and EDS.

Located off Routes 28 and 50, the properties are close to the Washington Dulles International Airport in Chantilly, approximately 22 miles west of downtown Washington, D.C.

“The properties are ideally situated within the largest concentration of flex/office inventory in Northern Virginia and within two of the region’s pre-eminent flex/office business parks, namely Sullyfield Business Park and Dulles Business Park,” said Meisel.

CONTACTS:

James A. Meisel, HFF Senior Managing Director, 202 533 2500. mailto:jmeisel@hfflp.com

Stephen "Dek" Potts, HFF Senior Managing Director, 202 533 2500. dpotts@hfflp.com

Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990. lmcdowell@hfflp.com