A historic office building located on King Street in the heart of Old Town
News release
31 July 2023
JLL Capital Markets arranges the sale and financing of Courthouse Square in Alexandria, Virginia
Your browser doesn't support speech synthesis.
Listen to article •
Read time: 1 sec
WASHINGTON D.C., July 31, 2023 – JLL Capital Markets announced today that it arranged the sale of Courthouse Square, a 120,031-square-foot office building located in historic Old Town Alexandria, Virginia.
JLL represented the seller and procured the buyer, Melrose Solomon Enterprises. JLL also arranged acquisition financing on behalf of the buyer.
Located in the heart of Old Town Alexandria at 510 King St., the five-floor building boasts full-block frontage along one of Washington D.C.’s premier retail corridors, providing tenants access to premier dining, shopping, and entertainment. It also has ideal proximity to the Alexandria Waterfront, Metrorail and many parks and trails along the Potomac River.
The JLL Capital Markets Investment Sales team was led by Stephen Conley, Matt Nicholson, Kevin Byrd, Andrew Weir, Jim Meisel and Dave Baker. The financing was led by Drake Greer.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.