Kelley Drye Represents the New Owner of Plaza East in Chantilly, Virginia in Mortgage Financing

The new owners of Plaza East located at the intersection of Route 28 and Westfields Boulevard in Chantilly, Virginia, a joint venture between Arlington-based MidAtlantic Realty Partners and Dallas-headquartered Rockpoint Group, closed on a $25 million mortgage loan in December 2010. The Kelley Drye clients purchased the property, which includes 246,852 square feet spread over two Class A office buildings, in August 2010, in an all-cash deal.

Kelley Drye associate Aaron D. Rosenfeld represented MidAtlantic Realty Partners and Rockpoint Group in this real estate financing transaction.