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Newmark Arranges $56M Sale of Arlington Office Building

Newmark has arranged the $56.25 million sale of 4075 Wilson Boulevard, a 188,014-square-foot office property in Arlington’s Ballston submarket.

An institutional investor acquired the property from FarmViewVentures LLC, Rithm Capital Corp. and GreenBarn Investment Group. Newmark Capital Markets Executive Managing Directors Jud Ryan and James P. Cassidy, along with Vice President Grant Marley, represented the seller in the transaction.

The property’s tenant roster includes Nalej Corporation, KnowBe4, Systems Planning & Analysis and OpenText Public Sector, among other government contractors, technology companies and professional services firms. The building has benefited from more than $6 million in strategic capital improvements.

Its ground-floor retail is fully leased to tenants including Sweetgreen, Grazie Nonna, Van Leeuwen Ice Cream and Pinnacle Bank. Located at Wilson Boulevard and North Randolph Street, 4075 Wilson Boulevard is directly across from Ballston Quarter and near the Ballston Metro station.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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