neo capital acquires office property in Washington D.C region

neo capital, a global real estate investment and asset manager with offices in Dubai and London, along with their joint venture partner - Monday Properties are thrilled to announce the acquisition of Shirlington Tower.

Built in 2001, Shirlington Tower is located in Shirlington Town Center (Virginia, USA), along Interstate 395, which is less than two miles from National Landing, home to Amazon's second headquarters, Virginia Tech's planned $1 billion innovation campus and the Rosslyn Ballston corridor.

The property is home to an array of notable tenants including government-backed tenants, and boasts abundant on-site amenities that include a state-of-the-art 12,000sq.ft. fitness center, outdoor courtyard and high-end retail.

The acquisition is part of neo capital’s strategic portfolio growth in the United States. The independent investment advisory and management company has nearly $1 billion of assets under management, including the 27-story 625 N. Michigan Avenue, building on Chicago's Magnificent Mile. neo capital is global, in both its approach and how they leverage their vast network of partners, but invests predominantly in the US and Western Europe.

A representative of neo capital stated that “Shirlington Tower is exactly the type of asset and market neo capital is looking to invest in, with exceptional job growth, great regional connectivity, and best-in-class tenants. We see a lot of value in the D.C. region and will look to invest further in strong performing US cities”.