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JBG Sells Reston International Center to American Real Estate-Square Mile JV
The 15-story office tower known as the Reston International Center is now under new ownership. American Real Estate Partners purchased the property in a joint venture with funds managed by New York-based Square Mile Capital Management LLC. The sale price was $35 million.
Mixed-Use Development Brings Slice of City to D.C. Suburb
A joint venture begins an adaptive reuse redevelopment in Reston, Va.; public REIT MAA completes four acquisitions; and Grandbridge Real Estate completes loan involving a substantial interest-rate cut.
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