This article, authored by Daniel J.
Sternovitz, Staff Reporter, Washington Business Journal, was published on Nov 10, 2014 and was updated on Nov 11,
2014:
Medi Falsafi isn't someone who leaves a lot to
chance.
And so, when his landlord at the Lafayette
Center in downtown D.C. walled off the interior, open-air atrium facing his
offices in the building's basement to install a fitness center to accommodate
another tenant two years ago, Falsafi came to an important conclusion: In order
to control its own destiny, ABC Imaging needed its own building rather than
continuing to be a tenant in another landlord's property.
No, this isn't the classic anecdotal lede to an
owner-occupied building sale, though that's certainly part of it. In October,
Falsafi signed a contract to acquire a building in Fairfax County's Alexandria
section for $6.2 million and is planning to close on the acquisition of 5920
Shawnee Road in January.
Posts
No comments:
Post a Comment