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December 15, 2017  

Financing Sought for Va. Office Recap

The joint venture recapitalizing a Northern Virginia office complex is seeking a $175 million mortgage.MetLife Real Estate Investors and an unidentified partner have struck an agreement to buy a 95% stake in the 635,000-square-foot Boro Station, in Tysons. The seller, Meridian Group, will keep the remaining 5% interest. The deal values the property, also known as Greensboro Station, at some $245 million, or $385/sf.The group is looking for a...

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