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Washington DC & Mid-Atlantic  + DC Metro  + Office  |  March 10, 2023
Vision Properties has purchased South Lake at Dulle Corner Business Park, a 270,000-square-foot, Class A office building located in the McNair neighborhood of Herndon, VA.
Lisa McDuffie
By: Lisa McDuffie

Vision Properties Buys Herndon Office with $61M Acquisition Loan

Vision Properties has purchased South Lake at Dulle Corner Business Park, a 270,000-square-foot, Class A office building located in the McNair neighborhood of Herndon, VA.

Brad Domenico of commercial real estate advisory firm Progress Capital secured $60.5-million in acquisition financing on behalf of Vision Properties, a Tampa, FL-based commercial real estate firm. Lender Societe Generale Corp. provided a loan with terms that include a five-year I/O.

The 10-story property sits at 13820 Sunrise Valley Drive and features waterfront views. Built in 2008-constructed building underwent a full, $42 million renovation in 2020 to customize the site for Amazon’s occupancy. A news fitness center, full-service café, conference facilities, gaming rooms, outdoor dog park, bicycle room and 921-space parking garage with EV charging stations were part of the renovation.

The property is situated at the intersection of Route 28 and the Dulles Toll Road, directly adjacent to Dulles Airport and walkable to the Silver Line Innovation Center Metro station.

Read More News Stories About: Amazon
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Inside The Story

Progress Capital's Domenico

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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