WASHINGTON, DC - Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it secured a long term fixed rate loan for One Virginia Square, a 116,077 square foot Class A office building located in Arlington, VA. The acquisition loan was provided by a life company. John Campanella, Senior Managing Director, and Paul T. Spellman III, Associate Vice President, arranged the financing on behalf of an institutional client.
One Virginia Square is located at 3601 Wilson Boulevard in the Rosslyn-Ballston (R/B) Corridor of Arlington, VA. The property is adjacent to the Virginia Square Metro station (Orange Line), which provides direct access to downtown Washington, DC and several major thoroughfares. The property is also proximate to a variety of shops, restaurants, hotels and public parks. One Virginia Square is 100 percent leased to System Planning Corporation through August 2021.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,600 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside of North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.