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.

***

Send tips, feedback or a letter to the editor to newsroom@inman.com or call (510) 658-9252, ext. 124.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect Black Friday Sale! Bundle our next two events or secure your 2021 All Access Pass.SEE THE DEALS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription