Turnbridge acquired the property in August 2018. The property serves mission critical purposes for tenant, General Dynamics Information Technology, a leading defense contractor, and it is located immediately across the street from the main gate to the National Reconnaissance Office (NRO), which controls US satellite intelligence gathering and analysis. These contractors perform top secret work and are required to be located within very close proximity to NRO to access secure fiber and personnel connectivity. Turnbridge determined that the high likelihood of renewal – and the strong re-tenanting ability of the building – led to the property being undervalued by the market given the near term expiration of General Dynamics’ lease.