• Type

    Office

  • Fund

    Fund I

  • Address

    7980 & 7990 Science Applications Court
    Vienna, VA 22182

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Tysons Technology Center

Vienna, VA

Property Overview

Tysons Technology Center is a Class B office complex consisting of a 199,560 square foot office and data center building and a 79,890 square foot office building located in Vienna, VA. The property is adjacent to the Capital Beltway and provides superior visibility and signage.

Investment Strategy

In June 2011, Meridian acquired the property on an off-market basis at a substantial discount to replacement cost and at a high current capitalization rate. During its study period, Meridian was able to lease up a significant portion of the vacant space.  Meridian is implementing a capital improvement program that will improve data center capabilities of the property while enhancing  operating efficiencies and flexibility upon exit. Meridian is actively pursuing leasing opportunities for the remainder of the vacant space while simultaneously exploring site redevelopment opportunities.