May
28
Monday Properties Closes $888M NoVa Refi
ByThe financing includes a future funding facility that will provide significant capital to meet additional long-term strategic investments and support tenant needs.
The Washington, D.C., metro area’s “Twin Towers”—1000 Wilson Blvd. and 1100 Wilson Blvd.—are part of Monday Properties’ $888 million refinancing of a nine-building, 2.6 million-square-foot portfolio. All assets are located in Rosslyn, Va.
Other buildings in the portfolio owned by Monday Properties include 1401 Wilson Blvd., 1200 Wilson Blvd., 1101 Wilson Blvd., 1501 Wilson Blvd., 1515 Wilson Blvd., and 1812 North Moore. In early February, Nestle USA announced it was moving its U.S. headquarters from Glendale, Calif. to 1812 North Moore and bringing 750 jobs to the region…