Lexington arm lands Virginia offices

A joint venture subsidiary of Lexington Corporate Properties Trust recently purchased a 125,293-square-foot office building in Herndon, Va.

The value of the transaction was approximately $21 million.

The property, a two-story office/date center facility, is situated on approximately 9 acres.

Equant Inc., owned by parent company France Telecom, holds a net lease on the property through April 30, 2015.

Lexington Corporate Properties Trust is a real estate investment trust.

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