H.I.G. Buys $17M Office Package on D.C.’s Route 28 South Corridor
By
Tony Seruga
The Chantilly lot comprises three buildings adding up to almost 100,000 square feet and a 12-acre adjacent parcel that could accommodate an additional 100,000 square feet of office.
Northridge at Westfields, Chantilly, Va.
Washington, D.C.—Global private equity investment firm H.I.G. Capital recently announced that affiliate H.I.G. Realty Partners acquired the Northridge at Westfields set of office assets in Chantilly, Virginia.
The buyer did not disclose the price of the transaction. However, Fairfax County’s records show a $17.25 million transaction for the property, recorded on the Jan. 6, 2016, between Westfields Northridge 29G LLC and Northridge Office LLC. The 2016 county evaluation assessed the portfolio at $14.1 million…
H.I.G. Buys $17M Office Package on D.C.’s Route 28 South Corridor
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