Tag: real estate
U.S. government buys large property on Route 50
The federal government has acquired a 43.6-acre complex on Route 50 in Falls Church from GBA Associates for $285 million, the Washington Business Journal reported on Sept. 25. The property, at 7700 Arlington Blvd., is the headquarters of the Defense Health Agency, which provides healthcare to members of the military and their families and operates … Continued
Inova acquires two medical buildings
Inova’s footprint continues to expand throughout the region. The healthcare company purchased two medical office buildings at 8260 and 8280 Willow Oaks Corporate Drive in Merrifield for $97.5 million from Stockdale Capital Partners, the Newmark Group announced on Sept. 23. The two buildings are located close to Inova Fairfax Hospital and the Gallows Road exit … Continued
Mental health hospital in Seven Corners sold
HCA Healthcare has sold Dominion Hospital in Seven Corners to Hill Valley Healthcare for $25.2 million, the Washington Business Journal reported on Sept. 1. The 116-bed Dominion Hospital, located at 2960 Sleepy Hollow Road, provides behavior and mental health services for children, teens, and adults. It offers treatments for eating disorders, psychological trauma, and alcohol … Continued
Three spaces in a Bailey’s Crossroads shopping center available for lease
Big changes are coming to the small retail shopping strip at Leesburg Pike and Glen Forest Drive in Bailey’s Crossroads. Three units are available for lease: the vacant spaces formerly held by the Mum Aroi Thai restaurant and the Thai Value Food Market, plus the office currently occupied by State Farm Insurance agent David Seidel. … Continued
Tenants sought for Annandale building
After lying dormant for years, the Hana Plaza building, at 7409 Little River Turnpike in Annandale, is now available for leasing. The building has been totally redone, and interior renovations are expected to be completed in October or November, says Diane Lee of Mega Realty & Investment. The 25,300-square-foot building has four spaces on the … Continued
Christian Science Church for sale
The Christian Science church building in the Springfield area of Mason District is listed for sale for $3.785 million, according to a listing on LoopNet posted by Arlington Realty. The 7,524-square-foot First Church of Christ, Scientist is located on a 2.4-acre lot at 5315 Backlick Road. Fairfax County assessed the property at $1,017,350 for 2026. … Continued
Annandale building available for lease
An online real estate listing seeks a tenant for a retail building at the corner of Columbia Pike and Little River Turnpike in Annandale. The property at 7262 Columbia Pike is currently a T-Mobile store. It has 2,100 square feet of retail space, according to a listing from the Broad Street Realty Group. The property … Continued
Masonic lodge in Annandale for sale
The Elmer Timberman Masonic Lodge is selling its building at 6911 Columbia Pike in Annandale. The Masons only use it for monthly meetings. They own the building but they’re finding it hard to keep up with maintenance expenses. They used to rent out the space for events hosted by other organizations, but that has slowed … Continued
Seven Corners office building sold
A small, long-vacant office building at 6320 Castle Place in Seven Corners has been sold for $2.7 million, reports Pauline Thompson, president of Tysons Realty Inc. Thompson represented both the buyer and the seller in a confidential off-market sale. Fairfax County tax records list the buyer as Sleepy Castle LLC. The seller, Chalins Restaurants, purchased … Continued
Real estate assessments are up 4.3 percent
Real estate assessments for residential properties in Fairfax County for 2026 are up an average of 4.31 percent from last year, the Department of Tax Administration announced Feb. 17. County Executive Bryan Hill’s recommendation for the advertised budget for FY 2027 would retain the current real estate tax rate of $1.1225 per $100 of assessed … Continued
Annandale commercial building for sale
Long & Foster is listing the three-story, 8,202-square-foot building at 4200 Daniels Ave. for sale for $2.75 million, or $335.28 per square foot. The property is zoned C-3 Office, which means it could be used for retail, service, and offices that serve the surrounding community. The building is fully leased. There are office suites and … Continued
Annandale property available for lease
Thauma, the Korean fashion boutique at 7224 Columbia Pike in Annandale, closed at the end of October, and the property is available for lease. Thauma owner Yoon Lee is focusing on her small shop, K Fashion, at the food court inside the K Market grocery store on John Marr Drive. According to realtor Michael Wu, … Continued
Seven Corners office buildings sold
The two high-rise office buildings at the Seven Corners intersection recently sold for 13 percent less than what they were acquired for six years ago, the Washington Business Journal reports. Sage Ventures bought the two 13-story office towers at 6400 and 6402 Arlington Blvd. from BoundTrain Real Estate in June for $33.7 million. BoundTrain bought … Continued
Tobacco Hut building for sale
The space that formerly housed a Tobacco Hut store at 7221 Little River Turnpike in Annandale is for sale. The price listed on LoopNet is $2.1 million. Tobacco Hut opened last summer and recently closed. The 3,975-square-foot unit is part of a retail condominium. The property is zoned C-6. The listing says the recently renovated … Continued
GSA lease terminations causing headaches for landlords
The Trump Administration’s attempt to cancel commercial leases for federal agencies is creating confusion and disruptions for property owners throughout the region. In one example described by the Washington Business Journal, the General Services Administration sent a notice to Tom Cafferty, president of Commercial Real Estate Services, that it is terminating its lease for … Continued