GID Real Estate Investment Company Buys Northern Virginia Apartments for $86M

GID Real Estate Investment Company Buys Northern Virginia Apartments for $86M

GID, a real estate investor, has acquired Arbors at Fair Lakes – a 282-unit multi-housing community located in Fairfax, Virginia. The property offers one to three bedroom units with amenities such as in-unit washers and dryers, fireplaces, private patios and walk-in closets. Additionally the value added property features a fitness center; swimming pool; business center; tennis court; outdoor grill/lounge area and more.
JLL worked on behalf of the seller to procure GID as buyer with their team led by Bret Thompson and Robert Jenkins for an $86M purchase price.

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Steve Griffin

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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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