Lexington arm lands Virginia offices

Picks up more than 125,000 square feet on multi-acre site

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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....