Parkridge III

Jones Lang LaSalle Americas, Inc. ("JLL"), as exclusive representative for Owner, is pleased to present this opportunity to purchase Parkridge III (the "Property"), a 107,544 RSF Class A office building located at 10701 Parkridge Boulevard in Reston, Virginia. The Property is currently 66% leased to 6 tenants with over 90% of the building's rentable area expiring by year end 2027.

Located directly off the Dulles Toll Road and within Parkridge Business Park, the Property - with over $4.0 MM in recent capital spend - has consistently outpaced its submarket, due to its amenitization and accessibility. However, should investors no longer look to effectuate a value-add, office centric business plan, the Property's current occupancy, expiration schedule, and site area (7.2 acres) may be more conducive to non-office uses medium to long-term. Accordingly, Parkridge III will be highly attractive and sought after investment opportunity given its strong in-place cash flow and business plan optionality on a go-forward basis.