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Meridian Group Acquires 247K-SF Office Complex in Metro D.C.
The Meridian Group has acquired Plaza East, a two-building, 247,000-square-foot office complex in Chantilly, VA. The sales price was not disclosed.
Plaza East was built in 2007 and is fully leased to seven tenants with approximately nine years of weighted average lease term. The largest tenant in the complex is Perspecta Inc. Located at 14291 and 14295 Park Meadow Dr., the complex is in the heart of the cyber-intelligence hub of the Westfields submarket.
Matt Nicholson, Jim Meisel, Andrew Weir and Dave Baker of JLL represented the seller, a venture between affiliates of Rockpoint Group and MRP Realty, in the transaction. Financing efforts for the buyer were led by JLL Capital Markets’ Paul Spellman and Dan McIntyre.
- ◦Acquisition
