Target IRR Of 15% On Washington, D.C., Metro Commercial Real Estate Offering

The RealtyMogul online investment platform has a new offering. The office building at 2300 Ninth St. in Arlington, Virginia, is a value-add property in a well-known Washington, D.C., suburb that is popular for its easy access to the city and northern Virginia tech center. The building is just 1.5 miles away from Amazon’s new HQ 2 site.

In addition to Amazon and a number of other tech companies, Boeing’s (NYSE: BA) aircraft will open an office in Arlington to house its own tech center. All of this points to strong demand for high-quality office space in Arlington. Rounding out the picture is the proximity to some of Northern Virginia’s most popular residential neighborhoods, ...

Full story available on Benzinga.com

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