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Global Medical REIT Inc. has paid $21 million, or nearly $219/sf, for the 96,070-square-foot Prosperity Plaza medical office property in Fairfax, Va. The Bethesda, Md., REIT purchased the 36-year-old building from its developer, an affiliate of the Tomares family of ...
Commercial Observer Opal Holdings has paid $55.3 million, or $213.09/sf, for the CGI Building, a 259,511-square-foot office property in Fairfax, Va. The New York investor bought the property from PGIM Real Estate, which had acquired it in 2006 for $68.7 ...
The property is comprised of 3922 Pender Drive, with 46,482 sf; 3924 Pender, with 26,508 sf; 3926 Pender, with 54,206 sf, and 3928 Pender, with 43,865 sf.
The building, constructed in 1981, is fully leased to the U.S. Department of State. It sits on a six-acre parcel off Interstate 66, 20 miles west of Washington, D.C.
98.7 percent occupied.
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