Arch Street Capital Acquires Peraton's Global Headquarters in Partnership with VEREIT
NEW YORK , Sept. 14, 2020 |PRNewswire| -- Arch Street Capital Advisors ("Arch Street") is pleased to announce the acquisition of 12975 Worldgate Centre, a high-quality office asset located in the Washington D.C. MSA ("Property") in partnership with VEREIT. The Property is 100% occupied by Peraton and serves as their global headquarters. The acquisition is part of the programmatic joint venture ("Partnership") formed in January 2020 with Arch Street's institutional client, Gatehouse Capital, K.S.C.C., Kuwait . With the subject acquisition, the Partnership has acquired four assets to date, equating to a total value of approximately $170.6 million . The Partnership continues to actively seek new long-term leased, single-tenant office acquisition opportunities. … Full story available on Benzinga.com
Arch Street Capital Acquires Peraton's Global Headquarters in Partnership with VEREIT
NEW YORK , Sept. 14, 2020 |PRNewswire| -- Arch Street Capital Advisors ("Arch Street") is pleased to announce the acquisition of 12975 Worldgate Centre, a high-quality office asset located in the Washington D.C. MSA ("Property") in partnership with VEREIT. The Property is 100% occupied by Peraton and serves as their global headquarters. The acquisition is part of the programmatic joint venture ("Partnership") formed in January 2020 with Arch Street's institutional client, Gatehouse Capital, K.S.C.C., Kuwait . With the subject acquisition, the Partnership has acquired four assets to date, equating to a total value of approximately $170.6 million . The Partnership continues to actively seek new long-term leased, single-tenant office acquisition opportunities. … Full story available on Benzinga.com