Tavaco Properties Buys DMV Office for $29M
Tavaco Properties has added another discounted office property to its growing Greater Washington portfolio. The Los Angeles-based firm paid $28.5 million for a 272,300-square-foot building in Falls Church, Va., Business Journals first reported. Hawaii-based James Campbell…
Tavaco Properties has added another discounted office property to its growing Greater Washington portfolio. The Los Angeles-based firm paid $28.5 million for a 272,300-square-foot building in Falls Church, Va., Business Journals first reported. Hawaii-based James Campbell…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine commercial real estate acquisition with no novel financing structure or broader market implications, affecting a single property and buyer.
Sources
Commercial Observer
Tavaco Properties Buys DMV Office for $29M
Tavaco Properties has added another discounted office property to its growing Greater Washington portfolio. The Los Angeles-based firm paid $28.5 million for a 272,300-square-foot building in Falls Church, Va., Business Journals first reported. Hawaii-based James Campbell…