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Newmark Capital Markets today announced the sale of One Global View, a nine-story, 217,088-square-foot Class-A office building in Herndon, Virginia to Tritower Financial Group, based in Boston, MA. The asset is 87 percent leased to five tenants with strong credit and growth potential. Airbus Group is headquartered at the building, occupying 58 percent of the space. One Global View is the closest high-rise office building to Dulles International Airport, providing premium visibility and access.
Newmark Capital Markets Executive Managing Directors Jud Ryan and James Cassidy represented the seller, an institutional owner.
As one of the newest and highest quality buildings in Herndon, One Global View features virtually column-free floorplates, adjacent structured parking, a large fitness center, full service on-site cafeteria and is Energy Star certified. Adjacent to the Westin Hotel at Dulles Airport, One Global View has access to a full-service restaurant and 15,000 square feet of conference and meeting space. With the coming Metrorail Silver Line extension, One Global View will be within walking distance to the Innovation Center Station, delivering in 2020 and providing connection to Tysons and Washington, DC.
“Investor demand continues to increase for assets near current and future silver line Metrorail stations. These transit nodes are driving economic development and assets are quickly appreciating in value with the promise of new mixed-use neighborhoods,” said Newmark Capital Markets’ Ryan.
About Newmark
Newmark is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.
With roots dating back to 1929, Newmark’s strong foundation makes it one of the most trusted names in commercial real estate. Newmark’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing, corporate advisory services, consulting, project and development management, property and corporate facilities management services, valuation and advisory services, and capital markets services provided through its Newmark Capital Markets brand. For further information, visit www.ngkf.com.
Newmark is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.