Beacon Capital Partners Sells International Place for $106.5 Million

6/27/16

Beacon Capital Partners

Cushman & Wakefield Represents Beacon in Sale of Office Building

Cushman & Wakefield today announced that it represented Beacon Capital Partners in the $106.5 million sale of InternationalPlace in Rosslyn, VA.

Cushman & Wakefield’s Bill Collins, Paul Collins, Drew Flood and Shaun Weinberg represented Beacon in the sale of 1735 N Lynn Street to The Meridian Group.

International Place is a 12 story, 293,539 square foot, LEED Gold and ENERGY STAR certified office building in the heart of Rosslyn. The Rosslyn Metro station is directly across the street with Blue, Orange and Silver Lines, and is just one stop from Washington, DC. The Pentagon, Reagan National Airport, Tysons and Dulles International Airport are also nearby. Vehicular access is available with connections to Route 50, Interstates 66 and 395, Wilson and Clarendon Boulevard, the George Washington Memorial Parkway and all major bridges into DC (Key Bridge, Roosevelt Bridge and Memorial Bridge).

“International Place is strategically located in the heart of the dynamic Rosslyn market,” said Bill Collins, Cushman & Wakefield Vice Chairman. “Rosslyn is quickly transforming itself into a world class city with the delivery of Central Place across the street and the coattails of additional retail and residential development that will follow.”

International Place’s amenities include a new state-of-the-art 4,376 square foot fitness center and recently renovated restrooms, a best-in-class conference facility and management office on the ground floor and the largest potential for balconies and outdoor space in the Rosslyn-Ballston Corridor.

With views of the Jefferson Monument, Memorial Bridge and Potomac River, the building is centrally located nearby JBG Companies’ Central Place Development, which features a 17,000 square foot public plaza, a 377-unit residential tower, and 45,000 square feet of ground level retail.

About Beacon Capital Partners

Beacon Capital Partners is a tenant-focused private real estate investment firm with a 70-year legacy of successful real estate development, ownership and management. Beacon unlocks value by strategically investing in high-quality office properties in core urban markets with highly-educated workforces. Our hands-on approach transforms these properties into distinctive workplaces that our tenants, from Fortune 100 firms to leading innovative and growth companies, are proud to call home.

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter. 

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