Mary Fedewa Of Store Capital Acquires Office Campus From Spring Education Group For $103M In Tysons VA
8000 Jones Branch Drive
$103,000,000
$421/SF
Building Size
244,466 SF
Asset Type
Office
Closing
Feb 3, 2026
About this deal
AI
The office asset located at 8000 Jones Branch Drive in Tysons, VA, was sold for $103,000,000. This transaction involved a substantial office campus comprising three buildings with a total size of 244,466 square feet. The price per square foot calculated for this transaction is approximately $421.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $103,000,000
- Buyer: Mary Fedewa - Store Capital
- Seller: Spring Education Group
- Square Footage: 244,466
- Price Per Square Foot: $421
- Date of Sale: 02/03/2026
- Market: Tysons, VA
The transaction involved Mary Fedewa representing Store Capital as the buyer, while Spring Education Group was the seller. The office campus has been occupied by Basis Independent Schools, a subsidiary of Spring Education Group, since 2016, indicating its established use within the market.
Players
Mc Lean Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93