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GI Partners Buys $220 Million Portfolio of Northern Virginia Offices Leased to Defense Contractors

Low-Risk Investment Properties Outside Washington Sell With Rents Lower Than Market Average
An office in Herndon, Virginia, leased to Boeing was the most valuable of a portfolio, selling for $329 per square foot. (CoStar)
An office in Herndon, Virginia, leased to Boeing was the most valuable of a portfolio, selling for $329 per square foot. (CoStar)

GI Partners, a San Francisco-based private investment company, purchased a portfolio of five offices leased to defense companies in Northern Virginia for $220 million.

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