{"id":1004405425,"date":"2020-04-01T03:19:57","date_gmt":"2020-04-01T11:19:57","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004405425"},"modified":"2021-05-10T02:06:10","modified_gmt":"2021-05-10T10:06:10","slug":"menlo-equities-buys-northern-virginia-trophy-tower","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/menlo-equities-buys-northern-virginia-trophy-tower\/","title":{"rendered":"Menlo Equities Buys Northern Virginia Trophy Tower"},"content":{"rendered":"<div id=\"attachment_1004405509\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/2941-Fairview-Park-Drive-e1585737873829.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004405509\" data-attachment-id=\"1004405509\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/menlo-equities-buys-northern-virginia-trophy-tower\/2941-fairview-park-drive\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/2941-Fairview-Park-Drive-e1585737873829.jpg\" data-orig-size=\"988,741\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Lucia Morosanu&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1585748559&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;1&quot;}\" data-image-title=\"2941 Fairview Park Drive\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;2941 Fairview Park Drive. Image via Google Street View&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/2941-Fairview-Park-Drive-e1585737873829.jpg?w=988\" class=\"wp-image-1004405509 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/2941-Fairview-Park-Drive-e1585737873829.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/2941-Fairview-Park-Drive-e1585737873829.jpg 988w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/2941-Fairview-Park-Drive-e1585737873829.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/2941-Fairview-Park-Drive-e1585737873829.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004405509\" class=\"wp-caption-text\">2941 Fairview Park Drive. <em>Image via Google Street View<\/em><\/p><\/div>\n<p>An affiliate of Menlo Equities has acquired a 367,349-square-foot office building in Falls Church, Va. Fairfax County public records show the seller of the 15-story trophy tower was a local private investor.<\/p>\n<p>The building is located at 2941 Fairview Park Drive within Fairview Park, one of the region\u2019s only inside-the-beltway corporate office park. The asset is less than a mile from Interstate 496, highways 20 and 50, as well as the Defense Health Agency headquarters. The building is roughly 2 miles from the Mosaic District and 9 miles from the Tysons Corner Mall.<\/p>\n<p>At the time of sale, the property was 94 percent leased to companies such as Deloitte and Booz Allen Hamilton, with an average remaining lease term of more than eight years. The building houses BAE Systems&#8217; North American headquarters, while Wiss, Janney, Elstner is the anchor tenant. Amenities include 9 to 12-foot finished ceilings, a restaurant, a fitness center, a farm-to-table caf\u00e9 and parking.<\/p>\n<p>Senior Managing Director Bill Prutting from JLL led the team working on behalf of the seller and procured the buyer. Recently, the brokerage company <a href=\"https:\/\/www.commercialsearch.com\/news\/bridge-investment-buys-revamped-maryland-office-asset\/\">closed the sale of 77 Upper Rock<\/a> in Rockville, Md.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Located within the Fairview Park corporate office park, the 15-story building serves as the North American headquarters for BAE Systems. <\/p>\n","protected":false},"author":748,"featured_media":1004405509,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,11,21742,21747,1615],"tags":[35511,32782,32796,33084],"class_list":["post-1004405425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-midatlantic","category-latest","category-office","category-washington-dc","tag-booz-allen-hamilton","tag-deloitte","tag-jll","tag-menlo-equities"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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