Institutional Quality Value-Add Office Opportunity
Washington DC Metro Area
Transwestern’s Mid Atlantic Capital Markets Group and RealINSIGHT Marketplace are pleased to present for sale Tysons Pond II, 1604 Spring Hill Road located in Tysons, VA. The 67,151 SF office building is 71% leased and is adjacent to the new, Spring Hill Metro Station on the Silver Line. This value-add opportunity provides an investor the opportunity to create value through the lease-up of the vacancy while capitalizing on the new 3 million square foot mixed-use development at the Spring Hill Metro known as “The View”. The View will have a 600-foot office tower, 5-Star Hotel, luxury apartments and condos, a world-class performing arts center, and over 100,000 sf of retail. As the Spring Hill Metro transforms into an Urban Center similar to Ballston, rents at Tyson’s Pond II will outpace the broader market. Furthermore, the Property has been upzoned providing an investor with the optionality to redevelop the site in the future.
Throughout the marketing period HFF will provide investors with real time debt quotes from various capital sources. It is to the investor’s benefit to contact Nick Matt early in the process in order to discuss all available terms, along with the advantages of engaging HFF/CW on the financing versus completing an all-cash acquisition.
Benefits of Engaging HFF/CW In Arranging Financing Include:
Note: Benefits referenced above will only be made available to investors who engage HFF/CW prior to the auction start date. It is recommended that investors contact HFF early in the process.
HFF’s Debt Placement Services
As a leading mortgage banker in the U.S., HFF’s extraordinary transaction volume provides the unparalleled capital markets knowledge necessary to develop the most creative financing strategies to meet and exceed client expectations. Our established relationships with insurance companies, investment banks, foreign and domestic banks, a Fannie Mae lender, Freddie Mac and pension funds have allowed us to provide our clients with the most competitive terms and most reliable executions in the debt and equity market.
Loan Types HFF Assists With Include:
HFF’s 2017 Commercial / Multifamily Annual Origination Rankings per the MBA:
Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.
Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.
You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
1604 Spring Hill Road, Vienna, VA 22182
Platform fee for this transaction is 5.00% or a minimum of $25,000.
Lamar P. Fisher
Fisher Auction Company Inc.