The 1800 Alexander Bell Dr. is also home to Irving Interests. The firm's CEO James Irving used to be a partner with Cassidy & Pinkard Colliers in Washington, DC, a spokeswoman for brokerage tells GlobeSt.com. In 2004, he left the firm on amicable terms to pursue development activities, she says.

The spokeswoman says she doesn't know if Irving Interests had structured a sale-leaseback. Irving Interests did not respond before publication time.

The property is well located within Reston--the DC-area's leading high-tech locales--visible along the Dulles Toll Road and situated three miles from Reston Town Center. Paul Collins, Bill Collins and Drew Flood of Cassidy & Pinkard Colliers represented Irving Interests in the transaction.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.