Fortis Companies Acquires Office Building For $14M In Arlington, Virginia

The office property located at 1840 Wilson Boulevard in Arlington, VA has been sold for $14,000,000. The property spans 48,000 square feet and was purchased by Fortis Companies. The seller in this transaction was the National Science Teaching Association, represented by Erika Shugart. The sale was facilitated by brokers Dean Stiles and John Sheridan from CBRE. The price per square foot for this transaction was $292.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $14,000,000
• Address: 1840 Wilson Boulevard, Arlington, VA
• Market: Arlington, VA
• Buyer: Fortis Companies
• Seller: National Science Teaching Association - Erika Shugart
• Brokers: Dean Stiles & John Sheridan - CBRE
• Price per Square Foot: $292

The transaction involved the sale of an office property located at 1840 Wilson Boulevard in Arlington, VA. Fortis Companies acquired the property for $14,000,000. The seller in this transaction was the National Science Teaching Association, represented by Erika Shugart. Dean Stiles and John Sheridan from CBRE acted as the brokers in the deal.