{"id":1004378816,"date":"2019-12-27T05:54:20","date_gmt":"2019-12-27T13:54:20","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004378816"},"modified":"2019-12-27T05:54:20","modified_gmt":"2019-12-27T13:54:20","slug":"nkf-arranges-sale-of-178-ksf-office-property","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/","title":{"rendered":"NKF Arranges Sale of 178 KSF Office Property"},"content":{"rendered":"<div id=\"attachment_1004378822\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004378822\" data-attachment-id=\"1004378822\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/2100-reston-parkway-image-via-google-street-view\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" 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=\"2100 Reston Parkway. Image via Google Street View\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg?w=800\" class=\"wp-image-1004378822 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-1004378822\" class=\"wp-caption-text\">2100 Reston Parkway. <em>Image via Google Street View<\/em><\/p><\/div>\n<p>Newmark Knight Frank has orchestrated the sale of the office building at 2100 Reston Parkway in Reston, Va., near Washington, D.C. Acting on behalf of a global investment advisor, NKF sold the 178,700-square-foot property to a joint venture of Moore &amp; Associates and Harbert Management Corp. for an undisclosed amount.<\/p>\n<p>NKF&#8217;s James Cassidy, Jud Ryan and Cliff Cummings comprised the team that facilitated the disposition of 2100 Reston. The seven-story tower first opened its doors in 1988 under the direction of developer Wills Cos., which forfeited control of the asset to NationsBank via a deed in lieu of foreclosure in 1991. In 1992, Gateway Virginia Prop Inc., an entity of TA Realty, purchased the granite and glass building for approximately $11 million.<\/p>\n<hr>\n<p><strong>READ ALSO:&nbsp;<\/strong><a href=\"https:\/\/www.commercialsearch.com\/news\/forecast-2020-why-the-outdoor-office-is-here-to-stay\/\">Forecast 2020: Why the Outdoor Office is Here to Stay<\/a><\/p>\n<hr>\n<p>Today, 2100 Reston is 76 percent leased to a diverse list of tenants that includes a host of tech firms and law firms. The Northern Virginia asset is primed to capitalize on abundant neighboring development activity ranging from the $1.4 billion Halley Rise mixed-use project to the new Silver Line Reston Town Center Metro station. The new owners plan to invest in strategic improvements to the property.<\/p>\n<h2><strong>Brewing Interest<\/strong><\/h2>\n<p>The investment community has maintained a steady interest in the Northern Virginia office market over the last few quarters but, according to a third quarter report by NKF, transaction volume may very well pick up in pace as momentum continues to grow around Amazon&#8217;s new $2.5 billion <a href=\"https:\/\/www.commercialsearch.com\/news\/full-speed-ahead-for-amazon-hq2-in-northern-virginia\/\">HQ2 headquarters project<\/a> in the newly designated National Landing area, which spans portions of Pentagon City and Crystal City in Arlington County, and Potomac Yard in the City of Alexandria.&nbsp;<\/p>\n<p>Notable office transactions in Northern Virginia over the last several months include Ascentris and Altus Realty&#8217;s $129.4 million purchase of International Place, an approximately 290,000-square-foot building in Rosslyn, and Hines and Oaktree Capital Management&#8217;s <a href=\"https:\/\/www.commercialsearch.com\/news\/new-owner-for-two-liberty-center-in-arlington\/\">$93.2 million acquisition<\/a> of the roughly 178,000-square-foot Two Liberty Center in Ballston.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The firm sold 2100 Reston Parkway in Reston, Va., to a joint venture of Moore &#038; Associates and Harbert Management Corp. <\/p>\n","protected":false},"author":969,"featured_media":1004378822,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,11,21742,21747,1615],"tags":[34016,36889,36007],"class_list":["post-1004378816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-midatlantic","category-latest","category-office","category-washington-dc","tag-harbert-management-corporation","tag-moore-associates","tag-newmark-knight-frank"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NKF Arranges Sale of 178 KSF Office Property - 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\/nkf-arranges-sale-of-178-ksf-office-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NKF Arranges Sale of 178 KSF Office Property\" \/>\n<meta property=\"og:description\" content=\"The firm sold 2100 Reston Parkway in Reston, Va., to a joint venture of Moore &amp; Associates and Harbert Management Corp.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/\" \/>\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=\"2019-12-27T13:54:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Barbra Murray\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/\",\"name\":\"NKF Arranges Sale of 178 KSF Office Property - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg\",\"datePublished\":\"2019-12-27T13:54:20+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg\",\"width\":800,\"height\":620},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NKF Arranges Sale of 178 KSF Office Property\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32\",\"name\":\"Barbra Murray\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g\",\"caption\":\"Barbra Murray\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/barbra-murray\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"NKF Arranges Sale of 178 KSF Office Property - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/","og_locale":"en_US","og_type":"article","og_title":"NKF Arranges Sale of 178 KSF Office Property","og_description":"The firm sold 2100 Reston Parkway in Reston, Va., to a joint venture of Moore & Associates and Harbert Management Corp.","og_url":"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2019-12-27T13:54:20+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg","type":"image\/jpeg"}],"author":"Barbra Murray","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/","url":"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/","name":"NKF Arranges Sale of 178 KSF Office Property - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg","datePublished":"2019-12-27T13:54:20+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg","width":800,"height":620},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-178-ksf-office-property\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"NKF Arranges Sale of 178 KSF Office Property"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32","name":"Barbra Murray","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g","caption":"Barbra Murray"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/barbra-murray\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/2100-Reston-Parkway.-Image-via-Google-Street-View.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004378816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/969"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004378816"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004378816\/revisions"}],"predecessor-version":[{"id":1004378831,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004378816\/revisions\/1004378831"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004378822"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004378816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004378816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004378816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}