Independence Center II

Address 15040 Conference Center Drive
Chantilly, VA (Washington, D.C.)
Property Type One Office Building
Size 115,563 Square Feet
Primary Tenant SAP National Security Services, Inc.
Acquired April 1, 2015
Sold September 7, 2022
Syndicated June 10, 2015
Internal Rate of Return 10.6%
Average Annual Return 11.9%
Equity Multiple 1.86x
Highlights & Amenities:
  • Situated in Westfields, one of the largest business parks in the U.S., this state-of-the-art, four-story office facility provides state-of-the-art amenities including a brand-new fitness center, a full-service restaurant/café, a conference facility and a lounge (via access through Independence Center I) and first-class finishes, including attractive common areas with marble floors and wood and chrome accents.
  • Independence Center II is replete with numerous high-value infrastructure upgrades, including a government-certified Sensitive Compartmentalized Information Facility (“SCIF”) space, data centers, backup generators and direct, Dark Fiber connectivity to the neighboring NRO.
  • The Property is strategically located in the suburb of Chantilly, Virginia, 8 miles south of Washington Dulles International Airport and is adjacent to major government installations such as the NRO, FBI and CIA.