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Source: Special Servicer Sells Chantilly Portfolio

CHANTILLY, VA—Six buildings in the Avion Business Park portfolio have found a buyer, a source tells GlobeSt.com

By Erika Morphy | Updated on July 27, 2014

CHANTILLY, VA—Special servicer LNR Partners has a contract pending for six buildings located with the 188-acre Avion Business Park. The portfolio under contract consists of 586,000 square feet, a source tells GlobeSt.com.

Another property located within the part-Avion Lakeside-was scooped up in an REO acquisition by Starwood Capital Group at the start of this year. In general, Chantilly has been a submarket under seige with vacancy rates as high as 20% during the recession and its aftermath.

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