Epstein Courted for $387M Pentagon‑Leased Office Deal After 2008 Conviction
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Newly released Justice Department 'Epstein files' show that in 2016, convicted sex offender Jeffrey Epstein received a pitch to invest in a $387 million office complex in Arlington, Virginia, fully leased to the Pentagon, and was separately discussed as a potential buyer for buildings housing the FBI and U.S. courthouses. Emails detail how David Stern, described as an intermediary between Epstein and former Prince Andrew, forwarded a proposal from International Government Properties founder Jonathan Fascitelli to Epstein, outlining the 'Pentagon Center'—the Polk and Taylor buildings—one mile south of the Pentagon, with $116 million in required equity and projected net operating income of $27 million. A prior 2015 email shows Fascitelli pitching Stern on a portfolio of two FBI buildings and multiple federal courthouses, which Stern said 'could be interesting,' though the article does not say any deal closed or that Epstein ultimately invested. The IGP team pitching these federal‑tenant assets included former senior GSA official Al Iudicello and real‑estate financier Robert Riley, underscoring that Epstein, years after his 2008 underage‑sex conviction, was being looped into high‑dollar discussions involving mission‑critical U.S. government facilities. The documents add a new layer to public scrutiny of how deeply Epstein remained embedded in elite finance and how lightly controlled the federal government’s landlord network can be, even when sensitive tenants like the War Department, FBI and U.S. courts are involved.
Epstein Files and U.S. Government
Federal Real Estate and National Security