Goldman Sachs Asset Management Acquires Office Building In Herndon, VA For $44.5M

The office property located at 196 & 198 Van Buren Street in Herndon, VA has been sold in a transaction. The property spans over 204,029 square feet with a selling price of $44,500,000, resulting in a price per square foot of $218. The buyer of the property is Goldman Sachs Asset Management, while the seller is Brandywine Realty Trust. The sale was facilitated by JLL Capital Markets, with Matt Nicholson, Dave Baker, Andrew Weir, Jim Meisel, Kevin Byrd, Drake Greer, and Dan McIntyre representing both the buyer and seller.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $44,500,000
• Square Footage: 204,029
• Price Per Square Foot: $218
• Address: 196 & 198 Van Buren Street, Herndon, VA
• Market: Herndon, VA

The sale of the office property at 196 & 198 Van Buren Street was facilitated by JLL Capital Markets. The representatives from JLL Capital Markets responsible for the transaction include Matt Nicholson, Dave Baker, Andrew Weir, Jim Meisel, Kevin Byrd, Drake Greer, and Dan McIntyre.