Turnbridge Equities acquired One Steeplechase in May 2019. The building is 100% leased to Northrop Grumman Innovation Systems (formerly Orbital/ATK), a subsidiary of Northrop Grumman, a credit-rated aerospace and defense technology contractor. The Tenant has occupied the Property since 2006 and has repeatedly shown commitment to the location via several lease extensions and expansions. The property is strategically located adjacent to Northrop’s space satellite manufacturing facility, which it owns, as well as across the street from Innovation Systems’ HQ campus. Moreover, the building is situated within five minutes of Dulles International Airport and within close proximity of Reston Town Center, Northern Virginia’s “Silicon Alley” and numerous government agencies, including the National Reconnaissance Office.