Normandy Real Estate Partners, the Morristown, NJ-based real estate operator and investment manager, announced this week that it had purchased 1680 Duke Street in Alexandria, VA from the National School Boards Association, which will continue to occupy approximately 25,000 square feet. The price and terms of the deal were not disclosed, but Normady did note that Donohoe Real Estate Services brokered the transaction – and will serve as the exclusive leasing agent on behalf of Normandy.
"The location of the property is fantastic, with walkable amenities and proximity to the U.S. Patent and Trademark office, as well as excellent access to transportation hubs such as the King Street Metro Station, Alexandria Amtrak Station, Reagan National Airport, the Capitol Beltway and I-95," said Patrick Keeley, Vice President of Normandy Real Estate Partners.
The five-story, corner office building is located on the western border of Historic Old Town in the City of Alexandria, VA, approximately five miles south of the District of Columbia inside the Capital Beltway. Situated two blocks from the King Street Metro Station at the corner of Holland Lane and Duke Street, the property has excellent Metro accessibility, is across the street from a Whole Foods Market and is also positioned two blocks south of King Street, the main retail corridor in Old Town leading to the waterfront.
For more news and information visit Blumberg Partners.
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