Tag: real estate
Demand strong for commercial office space, yet vacancy rates remain high
The Lee Building in Bailey’s Crossroads. The commercial office market in Fairfax County remained strong during the first half of 2016, according to a report released by the Fairfax County Economic Development Authority. The majority of new leasing activity was in Tysons, Reston, and Chantilly, however, with minimal activity in the Annandale/Mason District area. The direct … Continued
Skyline Center for sale
The Skyline Center The Skyline business campus in Bailey’s Crossroads will be sold at auction to the highest bidder on Dec. 21, the Washington Business Journal (WBJ) reports. The property is being sold – in a substitute trustee’s sale – from the steps of the county courthouse after the owner, Vornado Realty Trust, defaulted on … Continued
Renovations under way on Annandale office building
Tenants sought for 7409 Little River Turnpike. The renovation of an office building at 7409 Little River Turnpike in Annandale, first announced in May 2014, is under way after several challenges caused delays. The building has four retail spaces on the first floor. The configuration of the second floor is flexible so the number of … Continued
A few changes under way in central Annandale
A few changes are under way in central Annandale, but nothing seems to be happening with some long-vacant buildings. A Cash for Gold shop opened at 7262 Columbia Pike, next to the T-Mobile store by the Little River Turnpike intersection. The building used to house a martial arts studio and, before that, an auto parts … Continued
Withdrawal of AvalonBay means Southeast Quadrant won’t be developed
The Southeast Quadrant on Columbia Pike. The withdrawal of AvalonBay from the land swap previously approved by the development company and the Fairfax County Board of Supervisors means the Southeast Quadrant of Bailey’s Crossroads will remain undeveloped for the foreseeable future. “The land swap was negated when AvalonBay withdrew,” says Mason Supervisor Penny Gross. “It’s … Continued
Work underway on infill housing opposed by Malbrook residents
The site of an infill housing project at the end of Brooks Place. Work is under way on an infill housing development between the Lake Barcroft and Malbrook communities, even though Malbrook residents charge the project is in violation of their subdivision’s covenants. Malbrook residents’ lawsuit to block the development was denied a hearing by … Continued
New houses for sale in Seven Corners
New homes on a new cul de sac off Peace Valley Lanein Seven Corners are ready for purchase. The development, called, Reserve at Oakview, includes seven homes at Champion Oak Court. Two model homes are completed. The rest of the homes will be built after the lots are sold. One has already been sold, … Continued
Bailey’s Crossroads office building sold
The Lee Building is on the corner of Leesburg Pike and Washington Drive across the street from a vacant lot where Spectrum plans to develop a retail center. The Lee Building, an aging, five-story office building at 5881 Leesburg Pike in Bailey’s Crossroads, has been sold for $3.1 million. The buyer, Fitzgerald Lewis, listed as … Continued
Luxury homes planned for Seven Corners
An artistic rendering showing the potential style of the houses planned by Banyan Development. Five new single-family homes will be built on a large lot at the corner of Arlington Boulevard and Beechwood Lane in Seven Corners. “We can accommodate a wide range of customization,” says the developer, Mark Schacknies, the founder of Banyan Development … Continued
Neighborhood Spotlight: Parklawn
Original Parklawn houses along Yellowstone Drive. Like so many other subdivisions in the Annandale/Mason area, Parklawn was built on farmland to meet the needs of population growth following World War II. The neighborhood, generally between Columbia Pike, Holmes Run Stream Valley, and Lincolnia Road, was built in 1955 on what had been the Clark family’s … Continued
Real estate assessments up 1.6 percent
The average assessment for homes in Annandale is up 1.89 percent. More than half of residential real estate in Fairfax County (55 percent) increased in value over the year due to equalization, with an average increase of 1.64 percent. The county is in the process of mailing homeowners updated real estate assessments for 2016. You … Continued
Real estate insights: Part 2
This 3,200-square foot house on Ridge Road in Columbia Pines is on the market for $625,000. It has four bedrooms and three bathrooms. [Zillow’ This is the second of a two-part series on the local real estate market, focusing on the single-family neighborhoods of Broyhill Crest, Columbia Pines, and Sleepy Hollow Woods. Part 1 was … Continued
Real estate insights: Part 1
This 2,340-square foot house on Donna Circle in Broyhill Crest is on the market for $442,900. It has three bedrooms and two bathrooms. [Zillow] How quickly are homes selling? Why does one house sell faster or for more money than a similar house on the same street? Is house flipping on the increase? Is it … Continued
Church on Little River Turnpike for sale
Interested in having your own church? The former home of the Fairfax Seventh-day Adventist Church at 8950 Little River Turnpike, Fairfax, is for sale. The asking price is $2 million, which includes a 4,000-square foot church building on a lot that’s just under two acres. The church, built in 1959, has a sanctuary that holds … Continued
FXCO working group exploring new uses for old office buildings
The rear of the Sun Trust Building on Leesburg Pike in Seven Corners. It has three suites for rent. A new Fairfax County working group launched by Board of Supervisors Chair Sharon Bulova is exploring ideas for repurposing older office buildings with lots of empty space. The Fairfax County Building Repositioning Workgroup’s objective is to … Continued