Cushman & Wakefield Represents Liberty Property Trust
Cushman & Wakefield today announced that the firm represented Liberty Property Trust in the $97 million sale of Liberty Park, an eight-building office park located at 13605-13665 Dulles Technology Drive and 13461 Sunrise Valley Drive in Herndon, VA. Cushman & Wakefield’s Bill Collins, Paul Collins, Eric Berkman, Drew Flood, Shaun Weinberg, Paul Norman, and John Pellerito represented Liberty Property Trust in the sale to MRP Realty.
Liberty Park Portfolio totals approximately 530,000 square feet and is situated on 32 acres. The location has high visibility fronting the Dulles Toll Road and is within walking distance of the future Innovation Center Metrorail station on the Silver Line slated to be completed in 2020. The property is located within a three mile radius of an abundance of established amenities, including Reston Town Center, Woodland Park Crossing and Worldgate Centre, along with 3.8 million square feet of mixed-use transit-oriented development (TOD) planned over the next several years, which will transform the area into a vibrant and pedestrian friendly community.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWakeon Twitter.