Woodland Park Herndon Virginia

DTZ Arranges $83M Loan for Office Portfolio in Metro D.C.

by John Nelson

HERNDON, VA. — DTZ has secured $83 million in financing for Woodland Park, a three-building office portfolio located in Herndon, a Virginia suburb of Washington, D.C. The 480,324-square-foot portfolio — comprising Plaza Ridge II and South Point I and II — is currently 96 percent leased. John Campanella arranged the 10-year, fixed-rate loan through an unnamed bank on behalf of the borrower, a joint venture between AEW Capital Management and American Real Estate Partners.

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