NVOP Buys A&A’s Portfolio of Fairfax Buildings for $80M

July 9, 2004

Sometimes it's easier to buy in bulk. NVOP, an affiliate of Milwaukee-based insurance company Northernwestern Mutual (www.nmfn.com), acquired a seven-building, 519,609-square-foot portfolio in Fairfax County for $80 million in a deal that closed in late June. The seller was Orlando-based A&A Investment. The buildings, dispersed throughout Fairfax, Reston and Vienna, collectively are 84 percent leased and occupied.

Sometimes it’s easier to buy in bulk.  NVOP, an affiliate of Milwaukee-based insurance company Northernwestern Mutual (www.nmfn.com), acquired a seven-building, 519,609-square-foot portfolio in Fairfax County for $80 million in a deal that closed in late June.

The seller was Orlando-based A&A Investment.

The buildings, dispersed throughout Fairfax, Reston and Vienna, collectively are 84 percent leased and occupied.

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