MEDICAL OFFICE BUILDING SOLD FOR $19.9 MILLION

by admin

LOUDOUN COUNTY, VA. — Washington Real Estate Investment Trust has purchased the 87,400-square-foot Lansdowne Medical Office Building from an undisclosed party for $19.9 million. The four-story property is located at the intersection of Riverside Parkway and Lansdowne Boulevard in Loudoun County. Washington REIT, which has been planning to buy the building since April 2008, funded the purchase with cash and its own line of credit.

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