Winner of NAIOP’s 2013 “Best Building Renovation: Adaptive Re-Use” award, Loudoun III was acquired and repositioned into a medical office building. Its location provides a built-in tenant base of medical providers. The building is accessible from the Dulles Toll Road (Rt 267) and Routes 7, 28, and 15. It is directly across from the Inova Loudoun Hospital entrance and near the Howard Hughes Medical Institute. Repositioning efforts have delivered results, both in lowered vacancy and in a radical growth in property value.