Report: REIT About to Buy Orbital Science HQ in No. Va.
Prudential Real Estate Investors is close to a deal to sell the Orbital Science headquarters in Northern Virginia to a real estate investment trust, according to realestatefinanceintelligence.com. The transaction should be finalized this week.
Boston Properties sold Orbital Science's 464,000 square-foot Loudoun County portfolio to Prudential five years ago, according to CoStar. CBRE's Rob Faktorow, Bruce Strasburg, Marc Rampulla and Tom Cleaver brokered that transaction.