• Type


  • Fund

    Fund I

  • Address

    3601 Eisenhower Avenue
    Alexandria, VA 22304

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Cameron Run

Alexandria, VA

Property Overview

Cameron Run is a 144,000 square foot Class B+ office building located in the Eisenhower Avenue submarket in Alexandria, Virginia. The property is located within one mile of two different Metro stations and offers excellent visibility, signage, and access to the Capital Beltway. The six-story property is well located near newly relocated Department of Defense agencies and offers government contractors and similar tenants that desire such proximity an affordable solution to their space needs.

Investment Strategy

In June 2012, Meridian acquired the fee simple interest in Cameron Run at a substantial discount to replacement cost and at a high current capitalization rate. Meridian is currently in the process of implementing a substantial capital improvement program, including updating elevator lobbies and restrooms, as well as improving marketability of the vacant spaces through demolition of existing improvements and constructing pre-built suites designed to attract smaller tenants requiring immediate solutions to their space needs.