Press Releases

COMMONWEALTH CENTRE LEASES 220,551 SF IN CHANTILLY, VIRGINIA

<html xmlns="http://www.w3.org/1999/xhtml"> <head></head> <body> <p><img src="/media/41ced4f5-a8ed-449a-8abb-4ddfaa74e430/Press Releases/2016_1-19_Commonwealth Center CACI Lease_1-19-16/Commonwealth II (1)_jpg" /></p> <p><strong>Chantilly, VA (December 24, 2015)</strong> – Equus Capital Partners, Ltd. (“Equus”), one of the nation’s leading private equity fund managers, is pleased to announce the 220,551 square-foot long-term lease extension executed by CACI International, Inc. (“CACI”), at Commonwealth Centre in Chantilly, Virginia. CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers, and occupies 100% of the 14370 Newbrook Drive building and 37% of the 14360 Newbrook Drive building within Commonwealth Centre, a 100 acre mixed-use campus within Westfields, a cyber-security hub anchored by several large government agencies including the National Reconnaissance Organization.</p> <p>Mike Shuler of Avison Young represented the landlord and Jeff Groh and Robert Shue of Jones Lang LaSalle represented the tenant in the lease negotiations.</p> <p>“We are excited that CACI has made a long term recommitment to Commonwealth Centre, Westfields’ premier amenity-rich community. The 14360 Newbrook Drive building, which together with 14370 Newbrook Drive was developed by affiliates of Equus Capital Partners, Ltd. in 2008 and 2009, was the first office building in Virginia to achieve LEED Platinum status. This lease commitment by CACI reinforces our belief that quality design and construction and abundant walkable amenities are highly valued by corporate tenants,” commented Brian Fitzgerald, Senior Vice President and Washington, D.C. area Director for Equus.</p> <p>Commonwealth Centre campus is located at the intersection of Route 28 and Westfields Boulevard, just 3 miles south of Dulles International Airport and is part of the metropolitan Washington, D.C. market. Twenty-one acres within the campus has been rezoned and a Wegmans-anchored center is set to break ground in mid-2016, providing outstanding walkable service, dining, and retail for tenants and residents to enjoy. A third, fully-designed 160,000 square-foot office building is fully approved with an additional 600,000 square-feet of additional density available.</p> <p>Commonwealth Centre was acquired in 2005 on behalf of BPG Investment Partnership VII and VIIA, L.P., a discretionary fund managed by Equus.</p> <p><strong>About Equus Capital Partners, Ltd. <br /> </strong> Equus Capital Partners, Ltd. (“Equus”), is one of the nation’s leading private equity real estate fund managers. Equus’ portfolio consists of over 17 million square feet of office, retail, and industrial properties and approximately 12,000 apartment units across 50 multi-family communities located throughout the United States. The firm is headquartered in the Philadelphia area, with a principal office in Yardley, PA, and with offices in Philadelphia, Chicago, Los Angeles, Washington D.C., Boston, Atlanta, and Raleigh-Durham. For additional information, please visit the company’s website at <a href="http://www.equuspartners.com/">www.equuspartners.com</a>.</p> <p><strong>For additional information about the company, please contact:</strong><br /> Joseph G. Nahas, Jr., CRE, Senior Vice President<br /> (215) 575-2363 or visit <a href="http://www.equuspartners.com/">www.equuspartners.com</a></p> <p><strong>For additional information on the transaction, please contact: <br /> </strong> Brian Fitzgerald, Senior Vice President<br /> (703) 391-1482 or <a href="mailto:bfitzgerald@equuspartners.com">bfitzgerald@equuspartners.com</a><br /></p> </body> </html>