Purchased 1500 Wilson Boulevard, a 260,000 square foot office building prominently located in Rosslyn Virginia. Penzance navigated a complex tenant-in-common ownership of the ground to negotiate and extend five separate existing ground leases from 62 to 99 years, established specific future increases in rent, subordinated the lease to debt, and negotiated the purchase of the fee interest, unlocking the future option to redevelop the site and capture additional density.