Clarion purchases interest in Carlyle Overlook
- December 20, 2013
Clarion Partners LLC has acquired a majority condominium interest in Carlyle Overlook, an office property located in Alexandria for $65.75 million.
The building is 91.4 percent leased.
Clarion acquired an interest in the 126,462-square-foot, Class-A property that includes the top five floors, ground floor retail and tenant parking.
The remaining interest is held by the American Society of Clinical Oncology
(ASCO), a professional organization headquartered in the building.
Carlyle Overlook was developed in 2008, and is located just inside the Capital Beltway and offers ready access to Routes I-495/I-95 and the Washington Metro system.