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ARLINGTON, VA. — The 184,216-square-foot Webb Building, an office building located at 4040 N. Fairfax Drive in Arlington, has received financing totaling $54.7 million for the repositioning and re-tenanting of the property as part of the Base Realignment and Closure initiative. FCP Fund II provided $21.2 million of equity, and Wells Fargo has provided a $33.5 million loan facility for the project, which is slated to begin in December. The building will be vacated and fully renovated with a new lobby, landscaping, facade improvements, fitness center, updated common areas, updated HVAC, fire and life safety systems and a roof deck with extensive views. Federal Capital Partners and RESI Management own the Webb Building.