Portfolio

4825 Mark Center Drive | Alexandria, VA

Investment Strategy

PRP acquired this 223,000 SF vacant office building located in an Opportunity Zone at a cost of $20MM. The office tower is located within the Mark Center Office Park, adjacent to the Washington Headquarters Services (Department of Defense).

  • 45% leased to the General Services Administration (GSA)
  • Weighted average lease term of 11.5 years
  • Situated along the I-395 corridor in the City of Alexandria
  • Approximately 4 miles southwest of the Pentagon and Ronald Reagan Washington National Airport, and 8 miles southwest of downtown Washington, D.C.

Alexandria, VA
2018
223,000
Special Situations
$20MM
Disclaimer: The properties and investment results shown in this portfolio are provided for informational purposes only and should not be considered as a guarantee of future performance or results. Past performance does not predict future outcomes.