The Velsor Companies

In The Press

Washington Business Journal, September 14, 1998

Real Estate

Jonah Keri

NEWS & NOTES. District-based JBG Cos. purchased 1400 Wilson Blvd. in Rosslyn from Arlington Park Realty Trust for $13.3 million, or $126 per square foot. The 12-story, 105,597-square-foot office building underwent a complete renovation in 1993, including new lobby finishes, corridors, window treatments and blinds. David Jacobs and Robert Stewart brokered the deal for JBG. ... Tysons Corner-based Velsor Properties bought two flex buildings at 14301 and 14303 Sullyfield Circle in Chantilly for $5.15 million, or $48 per square foot. Lorton-based Long & Travers Enterprises, which developed the properties in 1985, sold the fully leased buildings, which total 106,252 square feet. Caulley Deringer of Bethesda-based Transwestern/Carey Winston brokered the deal for both sides.

Jonah Keri can be reached at (703) 816-0335 or by fax at (703) 875-2231. E-mail: jkeri@washbj.com


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