Monday Properties Acquires 3601 Eisenhower Ave Alexandria From Juliana Ko And Eric Berkman For $37.8M

The property asset involved in this transaction is Cameron Run, a 145,244-square-foot office building located at 3601 Eisenhower Ave, Alexandria, VA. The building was sold for $37.8 million and is situated roughly eight miles south of Washington, D.C. It is fully leased to 13 tenants, including Michael Baker Corp., which occupies 50,709 square feet.

Summary of transaction details:

• Property Type: Office Building
• Transaction Amount: $37,800,000.00
• Address: 3601 Eisenhower Ave, Alexandria, VA
• Market: Alexandria
• Square Footage: 145,244
• Buyer's Name: Monday Properties
• Seller's Representative: Juliana Ko & Eric Berkman - Cushman & Wakefield

Eric Berkman and the late Juliana Ko of Cushman & Wakefield arranged the transaction on behalf of the seller, Meridian Group, which originally acquired the asset in 2012. Meridian invested $1.7 million in capital improvements at Cameron Run, enhancing various aspects of the building.