Jones Lang LaSalle Inc.

10/07/2026 | Press release | Distributed by Public on 10/07/2026 12:45

Fully renovated, Class A office building in Tysons sold

Key Takeaways

• JLL Capital Markets arranged the sale of 8270 Greensboro Drive, a fully renovated 166,393-square-foot Class A office asset in Tysons, Virginia

• Onward Investors acquired the property from Nuveen

• The building is 96% leased to 13 tenants following a $6 million renovation in 2021 that led to over 136,000 SF of leasing

WASHINGTON, D.C., Oct. 7, 2026 - JLL Capital Markets announced today that it has completed the sale of 8270 Greensboro Drive, a 166,393-square-foot, Class A office building in Tysons, Virginia.

JLL represented the seller, Nuveen, in the sale of the asset to Onward Investors.

The 10-story building, originally constructed in 1999 and comprehensively renovated in 2021, is currently 96% leased to a diversified roster of 13 tenants. The renovation program enhanced 8270 Greensboro Drive with premium amenities, including a redesigned lobby and elevator entrance, tenant lounge and kitchenette integrated with a 100-person indoor/outdoor conference center, furnished outdoor patio, renovated common corridors and restrooms throughout, high-end ground-floor restaurant and refreshed façade. The renovation led to over 136,000 square feet of leasing activity (82% of RBA) and a 28% increase in rents, exemplifying tenants' continued flight to quality.

The property is strategically positioned on "The Hill," Tysons' premier office micromarket located one block from The Boro, the submarket's only walkable mixed-use environment. Developed in 2019, The Boro is a five-million-square-foot destination featuring 700 residential units, four acres of green space and 250,000 square feet of retail anchored by Whole Foods, providing abundant fast casual and formal dining options. The property is also less than a five-minute walk from the Greensboro Metro Station on the Silver Line.

JLL's Capital Markets Investment Sales and Advisory team representing the seller was led by Senior Managing Director Andrew Weir and Senior Director Kevin Byrd, along with Jim Meisel, Dave Baker and Trey Ramsey.

"Tysons continues to be the premier submarket in Northern Virginia, particularly for well-located, renovated assets with proven leasing success such as 8270 Greensboro," said Weir. "The asset has already exhibited significant rental-rate growth and will continue to benefit from tenants' desire for high-quality space."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL's newsroom.

About JLL

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

About Onward Investors

Onward Investors, founded in 2011, is a real estate focused alternative investment firm headquartered in Minneapolis, Minnesota. Since inception, Onward has invested over $1.5 billion of capital on behalf of institutions, global fund sponsors, and individual investors across more than 60 investments spanning multiple asset classes and major U.S. markets. For more information about Onward Investors, please visit www.onwardinvestors.com.

Jones Lang LaSalle Inc. published this content on October 07, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 07, 2026 at 18:45 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]