• Type


  • Fund

    Fund I

  • Address

    1010 North Glebe Road
    Arlington, VA 22201

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One Ballston Plaza

Arlington, VA

Property Overview

One Ballston Plaza is a 143,000 square foot Class A office building located three blocks from the Ballston Metro station in the Rosslyn-Ballston Corridor submarket in Arlington, Virginia. The property has superior access to I-66 and other major Northern Virginia thoroughfares. In addition, the building offers excellent signage opportunities along a major arterial and easy access to retail and public transit amenities.

Investment Strategy

In May 2012, Meridian acquired the fee simple interest in One Ballston Plaza at a substantial discount to replacement cost. Meridian will upgrade the common areas and bathrooms and is designing attractive, functional pre-built suites for small tenants that lack the means to participate in an extensive market search and require well-located, on-demand space.