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Japanese Real Estate Developer Enters DC Market With $142 Million Purchase in Herndon

Barings Sells Arboretum II North and South Near Dulles Airport
Mori Trust acquired these two fully lease buildings in Herndon, Virginia, as it looks to build up its overseas real estate portfolio. (CoStar)
Mori Trust acquired these two fully lease buildings in Herndon, Virginia, as it looks to build up its overseas real estate portfolio. (CoStar)
By Scott Crue
CoStar Research
March 7, 2022 | 10:16 P.M.

A Japanese real estate development company made its first investment in the Washington, D.C. market with the purchase of two fully leased office buildings in Herndon, Virginia.

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