Vintage financing for office acquisition.Wrightwood Capital has provided $13,700,000 to finance the acquisition of an office building in Dulles, Virginia Dulles, Virginia is an unincorporated census-designated place located in Loudoun County, Virginia, part of the Washington Metropolitan Area. The headquarters of AOL, Orbital Sciences Corporation and ODIN technologies and the former headquarters of MCI Inc. are located in Dulles. . One Vintage Park is a two story building totaling 83,536 square feet. Built in 1988, the building is located in the Dulles Dul·les , Allen Welsh 1893-1969. American public official. Director of the CIA (1953-1961), he resigned after the failed invasion of the Bay of Pigs. Noun 1. area of Northern Virginia Northern Virginia (NoVA) consists of Arlington, Fairfax, Loudoun, and Prince William counties and the independent cities of Alexandria, Falls Church, Fairfax, Manassas, and Manassas Park. and is located about 25 miles from Washington Washington, town, England Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area. D.C. The property is located within the Loudoun
Loudoun (Lughdan in Scottish Gaelic) is an area of East Ayrshire, Scotland, east of Kilmarnock. The word Loudoun is derivative of the Celtic Pagan God name Lugh. Gateway Center Business Park on a 4.9 acre parcel. One Vintage Park is conveniently located by SR-28, SR-267, I-66, and I-495 freeways and is less than two miles from Dulles International Airport. Local infrastructure improvements are underway including ten separated interchanges on the Route 28 corridor thereby eliminating traffic lights and providing easier access to One Vintage Park. "The Sponsor was presented a unique opportunity to purchase One Vintage Park, which is 100% vacant, at a discount," indicated Crae Ramsey, director of investments in Wrightwood Capital's Washington D.C. office. "By actively marketing the entire property, One Vintage Park is well positioned to take advantage of continued growth in Loudoun County." The Sponsor, Griffith Properties, invests in enhanced core and value-added office, research and development, and industrial assets between Boston and Washington, D.C. Wrightwood Capital structured a 36 month acquisition loan. This transaction represents Wrightwood Capital's first project with Griffith Properties. The opportunity was brought to Wrightwood Capital by John Campanella and Jon Goldstein Gold·stein , Joseph Leonard Born 1940. American biochemist. He shared a 1985 Nobel Prize for discoveries related to cholesterol metabolism. of Cassidy & Pinkard Colliers International. |
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