TIG Real Estate Sells 89K-SF Fairfax Office Property Asset

TIG Real Estate Sells 89K-SF Fairfax Office Property Asset

Transwestern Investment Group (TIG) and Acento Real Estate Partners have sold Gatewood Plaza, an 88,995-square-foot office property in Fairfax, Virginia. The sale price was not disclosed.

Located at 10201 Fairfax Boulevard, the building hosts tenants including Trident Systems and PE Systems. It underwent a renovation in 2015 and offers parking spaces as well as an outdoor patio area with flexible floor plans for occupants to enjoy.

“Fairfax is a desirable location for commercial real estate owners and occupiers due to its strong labor pool combined with its easy access to the Washington metropolitan area,” said Clarke Crenshaw, Senior Managing Director of TIG. Transwestern’s Mid-Atlantic Capital Markets Group led by Gerry Trainor represented the seller during this transaction process

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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