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Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

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Building Area

Property Description

Jones Lang LaSalle, Inc. (JLL), as exclusive representative for owner is pleased to present this opportunity to purchase Plaza East, a two-building, 246,957 square feet Class A mission critical office complex located at 14291 & 14295 Park Meadow Drive in Chantilly, Virginia. Built in 2007, this institutional quality asset is 100% leased to 7 tenants with over 9 years of WALT and serves as the global headquarters to Perspecta, Inc (NYSE: PRSP, Moody’s Ba3 Credit Rating, 68% of RBA) a high-growth, transformative government contractor with a market capitalization of approximately $3 billion.

Investment Highlights

  • Trophy quality, cybersecurity-focused office complex with best in-class amenity package
  • 100% leased to 7 tenants with over 9 years of WALT with a roster of innovative defense contractors; attractive cash yields
  • Mission-critical global headquarters location for Perspecta ($3.0 B market cap, Ba3 Moody’s rating); 68% of property RBA and Aug-30 LXD
  • Convenient accessibility via major roadways route 66, route 28, and Westfields Boulevard; 14-minute drive from Dulles International Airport
  • Immediate proximity to federal demand drivers – within two miles of National Reconnaissance Office, FBI and CIA
  • Significant outperformance by high-quality office product in the Westfields – greater than 96% occupied for class A assets built since 2006
  • Attractive discount to today’s replacement cost offering a compelling cost basis with a competitive advantage


Last Updated Date: 12 Nov 2020
Matt Nicholson
Matt Nicholson
Managing Director, Capital Markets
License details
DC-SP98369865 MD-641934 VA-0225191878
Jim Meisel
Jim Meisel
Senior Managing Director, Washington, D.C. Office Co-Head
License details
DC-SP100478 MD-521313 VA-0225049461

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Last Updated Date: 12 Nov 2020

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