Societe General Group Provides $60.5M Acquisition Loan For Office Building In Herndon, VA

Located at 13820 Sunrise Valley Drive in Herndon, VA, this office property spans 270,000 square feet. The property was recently involved in a closed transaction, with the acquisition financed through a loan provided by Societe General Group. The loan amount for the transaction was $60,500,000. The property is owned by Fred Arena of Vision Properties and represented by Brad Domenico from Progress Capital.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $60,500,000
• Address: 13820 Sunrise Valley Drive, Herndon, VA
• Market: Herndon, VA
• Lender: Societe General Group
• Landlord: Fred Arena of Vision Properties
• Broker: Brad Domenico - Progress Capital

The acquisition loan provided by Societe General Group facilitated the purchase of the office property at 13820 Sunrise Valley Drive. Fred Arena of Vision Properties acted as the landlord in this transaction, while Brad Domenico from Progress Capital represented the buyer.