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New Boston Acquires TransDulles Centre

STERLING, VA-The company plans to develop the 17.7 acres accompanying the two-building complex into service industry assets.

By Erika Morphy | Updated on August 09, 2007

(Read more on the industrial market.)

STERLING, VA-New Boston Fund Inc. has acquired a two-building office asset here along with 20 or so acres of developable land. It acquired the complex, called the Office Campus at TransDulles Centre, from Philadelphia-based BPG Properties Ltd. at an undisclosed price.

The 26.5-acre purchase includes two class A office buildings that total 149,000 sf as well as 17.7 acres of land that can accommodate approximately 220,000 sf of office/flex or several industrial buildings. It is located in the TransDulles Centre Business Park in Loudon County, between Rte. 28 and Rte. 7, just north of Dulles Airport.

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