Velocis and Altus Realty secured a $104m loan to purchase Greensboro Park in Tysons, Virginia. The property’s two office buildings total 505,085 sq ft. Renovated in 2015, the 11- and 14-story towers feature a fitness center, conference facilities, tenant lounges, cafe and concierge service. Greensboro Park is anchored by BB&T and is 83 percent leased to 59 tenants. Holliday Fenoglio Fowler worked on behalf of the borrower to place a five-year, floating-rate loan through JP Morgan Chase & Company. Loan proceeds were used to acquire the property.
