Green Touch Builders | Pentagon’s recommitment leads to nearly $97 million sale in Falls Church
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March 26, 2015 By SEO Admin

Pentagon’s recommitment leads to nearly $97 million sale in Falls Church

One of the largest owners of government-leased real estate has added another address to its portfolio in Falls Church after the Department of Defense agreed last year to remain in the Suffolk Building for another decade.

NGP, formerly National Government Properties, acquired the building at 5611 Columbia Pike March 10 for about $374 per square foot from investors advised by J.P. Morgan Asset Management, according to Fairfax County land records. The deal was brokered by JLL’s Capital Markets Government…