BisNow Penzance has paid $25 million, or $104.17/sf, for Ballston One, a 240,000-square-foot office building in Arlington, Va. The Washington, D.C., real estate firm acquired the property from UBS Realty Investors, which was represented in the deal by JLL. The 12-story building last traded hands in 1997, when it sold for $43 million. Ballston One […]

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