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Acquisitions, Dispositions and Assets Held for Sale (Tables)
12 Months Ended
Dec. 31, 2021
Acquisitions, Dispositions And Assets Held for Sale  
Summary of assets held for sale

Total

Assets Held

Assets

    

Segment

    

Location

    

Square Feet (1)

    

for Sale

(In thousands)

December 31, 2021

Pen Place (2)

Other

Arlington, Virginia

2,082

$

73,876

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 during the second quarter of 2022. In December 2021, we finalized the agreement for the sale of Pen Place for $198.0 million, which represents a $48.1 million increase over the previously estimated contract value.