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Assets Held for Sale
3 Months Ended
Mar. 31, 2021
Assets Held for Sale  
Assets Held for Sale

3.Assets Held for Sale

As of March 31, 2021 and December 31, 2020, we had a real estate property that was classified as held for sale. The amounts included in "Assets held for sale" in our balance sheets primarily represent the carrying value of real estate. The following is a summary of assets held for sale:

Liabilities Related

Total

Assets Held

to Assets Held

Assets

    

Segment

    

Location

    

Square Feet (1)

    

for Sale

    

for Sale

(In thousands)

March 31, 2021

Pen Place (2)

Other

Arlington, Virginia

2,082

$

73,876

$

213

December 31, 2020

Pen Place (2)

Other

Arlington, Virginia

2,082

$

73,876

$

(1)Represents estimated or approved potential development density.
(2)In March 2019, we entered into an agreement for the sale of Pen Place to Amazon, which we expect to close in 2021.