{"id":1004139058,"date":"2016-03-10T11:15:59","date_gmt":"2016-03-10T19:15:59","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004139058"},"modified":"2025-02-24T23:53:17","modified_gmt":"2025-02-25T07:53:17","slug":"h-i-g-buys-17m-office-package-on-d-c-s-route-28-south-corridor","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/h-i-g-buys-17m-office-package-on-d-c-s-route-28-south-corridor\/","title":{"rendered":"H.I.G. Buys $17M Office Package on D.C.\u2019s Route 28 South Corridor"},"content":{"rendered":"<p><em>By Bogdan Odagescu, Associate Editor<\/em><\/p>\n<div id=\"attachment_1004139059\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/Northridge-at-Westfields.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004139059\" data-attachment-id=\"1004139059\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/h-i-g-buys-17m-office-package-on-d-c-s-route-28-south-corridor\/northridge-at-westfields\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/Northridge-at-Westfields.jpg\" data-orig-size=\"1207,699\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Northridge at Westfields, Chantilly, Va.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Northridge at Westfields, Chantilly, Va.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/Northridge-at-Westfields.jpg?w=1024\" class=\"wp-image-1004139059 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/Northridge-at-Westfields.jpg\" alt=\"Northridge at Westfields, Chantilly, Va.\" width=\"300\" height=\"174\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/Northridge-at-Westfields.jpg 1207w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/Northridge-at-Westfields.jpg?resize=300,174 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/Northridge-at-Westfields.jpg?resize=768,445 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/Northridge-at-Westfields.jpg?resize=1024,593 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004139059\" class=\"wp-caption-text\">Northridge at Westfields, Chantilly, Va.<\/p><\/div>\n<p><strong>Washington, D.C.<\/strong>\u2014Global private equity investment firm <a href=\"https:\/\/higcapital.com\/\" rel=\"nofollow noopener\" target=\"_blank\">H.I.G. Capital<\/a> recently announced that affiliate H.I.G. Realty Partners acquired the Northridge at Westfields set of <a href=\"https:\/\/www.commercialsearch.com\/news\/office\/\" target=\"_blank\" rel=\"noopener\">office assets<\/a> in Chantilly, Virginia.<\/p>\n<p>The buyer did not disclose the price of the transaction. However, Fairfax County\u2019s records show a $17.25 million transaction for the property, recorded on the Jan. 6, 2016, between Westfields Northridge 29G LLC and Northridge Office LLC. The 2016 county evaluation assessed the portfolio at $14.1 million.<\/p>\n<p>Sitting between Northridge Drive, Old Lee Road, Stonecroft Boulevard and a D.M.V. office, the lot comprises three buildings adding up to almost 100,000 square feet and a 12-acre adjacent parcel that could accommodate an additional 100,000 square feet of office.<\/p>\n<p>Located within the Westfields Corporate Center and just a 10-minute ride away from Dulles International Airport, the property offers quick access to Interstate 66 and the Dulles Toll Road. Northridge at Westfields also sits in immediate proximity to the National Reconnaissance Office, Virginia D.M.V office, the Liberty office center and the Marriott Conference Center. With several U.S. government agencies expanding in the Chantilly area, H.I.G.\u2019s recently acquired property could provide proximity for independent contractors or other corporate users that could benefit from these agencies\u2019 location.<\/p>\n<p><em>Image via Google Maps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chantilly lot comprises three buildings adding up to almost 100,000 square feet and a 12-acre adjacent parcel that could accommodate an additional 100,000 square feet of office. <\/p>\n","protected":false},"author":740,"featured_media":1004139059,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21742,21747,1615],"tags":[],"class_list":["post-1004139058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-latest","category-office","category-washington-dc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>H.I.G. Buys $17M Office Package on D.C.\u2019s Route 28 South Corridor - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/h-i-g-buys-17m-office-package-on-d-c-s-route-28-south-corridor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"H.I.G. Buys $17M Office Package on D.C.\u2019s Route 28 South Corridor\" \/>\n<meta property=\"og:description\" content=\"The Chantilly lot comprises three buildings adding up to almost 100,000 square feet and a 12-acre adjacent parcel that could accommodate an additional 100,000 square feet of office.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/h-i-g-buys-17m-office-package-on-d-c-s-route-28-south-corridor\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-10T19:15:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-25T07:53:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/Northridge-at-Westfields.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1207\" \/>\n\t<meta property=\"og:image:height\" content=\"699\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bogdan Odagescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/h-i-g-buys-17m-office-package-on-d-c-s-route-28-south-corridor\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/h-i-g-buys-17m-office-package-on-d-c-s-route-28-south-corridor\\\/\"},\"author\":{\"name\":\"Bogdan Odagescu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/b496539dc21c086e1deff9b417453162\"},\"headline\":\"H.I.G. 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