N.J.-Based Real Estate Investment Firm Drawn to Portfolio’s Location Within Booming Loudoun County Submarket and Stable Tenant Roster
Fairbridge Properties, a privately held real estate investment company, announced today that it has acquired Ridgetop II and Ridgetop III, a two-building, 151,481-square-foot, Class-A office portfolio in Sterling, Virginia. Located within the Loudoun County submarket, the portfolio is currently 86 percent leased.
The portfolio is occupied by three credit-rated tenants: Neustar, Loudoun County and Constellation Software, Inc. There is 21,487 square feet of available space in Ridgetop II, which Fairbridge is planning to upgrade and re-tenant in the near future.