Grosvenor expands in northern Virginia

Purchases two-building office complex in D.C. area

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Grosvenor has entered the northern Virginia office market by acquiring Carlyle Gateway I and II, adjacent class A office buildings totaling 250,088 square feet in Alexandria. The total value of the transactions was not disclosed. The six-story class A buildings, located at 1900 Duke St. and 333 John Carlyle St., were developed in 1999-2000 and were more than 95 percent leased at the time of sale. Grosvenor purchased the property from its developer, Cousins Properties Inc. Grosvenor is a privately owned property development and investment group. *** Send tips or a letter to the editor to newsroom@inman.com or call (510) 658-9252, ext. 124....