Meridian Group Sells Tysons Tech Center for $96M
ByTysons Technology Center
Vienna, Va.—The Meridian Group recently closed the sale of Tysons Technology Center, a 280,000-square-foot technology campus just outside Washington, D.C. The property traded for $96 million to an undisclosed buyer. Meridian was represented by Cushman & Wakefield’s Eric Berkman and Bill Collins and JM Zell Partners’ Jeff Zell and Louis Kluger. Gary Block, managing director at The Meridian Group led the firm’s efforts on the acquisition and sale of the asset.
The complex, located on Science Applications Court in Vienna, Va., is adjacent to the Capital Beltway (Interstate 495), a short distance away from the Tysons Corner Metro Station, and two miles south of The Boro, another Meridian Group development. Tyson Technology Center comprises a 199,560-square-foot office and data center building and an additional 79,890-square-foot office building. The property is 91 percent occupied and anchored by Leidos and GSA…