JBG Companies has purchased the Falls Church Corporate Center at 6400 and 6402 Arlington Boulevard in Falls Church. According to CoStar, the property, which is known locally as the BB&T towers, was purchased for $83.7 million from Pearlmark Real Estate Partners.
The recently renovated Center consists of two 13-story buildings with almost 400,000 square feet of commercial space and property that can support additional development. Amenities include an on-site fitness center, food services, conference facilities and shuttle bus service to the East Falls Church Metrorail Station. A majority of the property is leased to corporate tenants including BB&T Bank, Kastle Systems and the Centech Group.
Transwestern’s DC Institutional Commercial Group brokered the sale on behalf of Pearlmark.