“The fundementals of our market are probably the best in the entire country, if not the world,” said Tim Helmig, the executive who just placed a $30 million bet on Rosslyn. “Investors worldwide have focused on the [Rosslyn-Ballston] corridor.”
Helmig, who heads the DC office New York-based Monday Properties, said he is embarking on the project without a signed tenant and without full financing because he believes that demand for office space in Rosslyn will be there once the building is completed. His company is so sure of Rosslyn’s viability that a full 45 percent of the company’s portfolio, in square feet, is based here.