TYSONS, VA–A source has told GlobeSt.com that Rockpoint Group is acquiring another building in the Tysons submarket, following its acquisition of Tysons Dulles Plaza. The pending deal is for Tysons International Plaza, a two-building, 471,367-square foot property that is about 83% occupied. The contract price is $132 million approximately, or $280 per square foot. The seller is Tishman Speyer.
Rockpoint declined to comment to our inquiry and Tishman Speyer did not return a request for comment in time for publication. We will update the story if there is a response.
Earlier this month Rockpoint closed on Tysons Dulles Plaza for $130.3 million. The seller was KBS Real Estate Investment Trust. The last time Tysons Dulles Plaza traded was in 2008 when Vornado Realty Trust sold it for $152.8 million.
We have also learned, as we reported earlier, that Rockpoint Group is also buying the Sheraton Suites Alexandria for $54.7 million, or $221,457 per unit, according to a source. The 247-key hotel, located at 801 N St. Asaph St., last traded in 2007 for $78.6 million.
TYSONS, VA–A source has told GlobeSt.com that Rockpoint Group is acquiring another building in the Tysons submarket, following its acquisition of Tysons Dulles Plaza. The pending deal is for Tysons International Plaza, a two-building, 471,367-square foot property that is about 83% occupied. The contract price is $132 million approximately, or $280 per square foot. The seller is Tishman Speyer.
Rockpoint declined to comment to our inquiry and Tishman Speyer did not return a request for comment in time for publication. We will update the story if there is a response.
Earlier this month Rockpoint closed on Tysons Dulles Plaza for $130.3 million. The seller was KBS Real Estate Investment Trust. The last time Tysons Dulles Plaza traded was in 2008 when
We have also learned, as we reported earlier, that Rockpoint Group is also buying the Sheraton Suites Alexandria for $54.7 million, or $221,457 per unit, according to a source. The 247-key hotel, located at 801 N St. Asaph St., last traded in 2007 for $78.6 million.
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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.
