WASHINGTON, D.C. – HFF announced today that it has closed the sale of 1400 Wilson Boulevard (top left photo), a 12-story, 108,296-square-foot office building in Rosslyn, Virginia.
HFF marketed the property on behalf of Great Point Investors, LLC. Salus Property Investments purchased 1400 Wilson Boulevard for $57 million free and clear of existing debt.
1400 Wilson Boulevard, also known as The Architect Building, is situated across the Potomac River from Washington, D.C. about two blocks from the Rosslyn Metro Station in Rosslyn.
Originally built in 1965, the property was most recently renovated in 2009 and also offers significant redevelopment potential. The United States Department of State (GSA) leases the entire facility through March 2021.
The HFF investment sales team representing Great Point Investors, LLC was led by senior managing directors Jim Meisel (middle right photo) and Dek Potts (lower left photo).
Great Point Investors invests in private equity real estate on behalf of institutional investors, specializing in separate accounts. The company is an investment fiduciary whose interests are aligned with its clients.
Salus Property Investments LLC is a national real estate firm. Its mission is to create economic value for its clients and investor co-partners through the identification and acquisition of real estate assets that provide above–average returns to its investors and have significant appreciation potential. It does this through owning and operating build-to-suit facilities leased to the U.S. Federal Government on a long-term basis.Contacts:
James A. Meisel, HFF Senior Managing Director, (202) 533-2500,
Stephen “Dek” Potts, HFF Senior Managing Director, (202) 533-2500 spotts@hfflp.com
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500, ,
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