FAIRFAX, VA-Vornado Realty Trust is clearly in capital recycling mode: the REIT has been steadily selling off and acquiring assets in various markets. Its most recent transactions have been in Fairfax, VA and Philadelphia. The sales price for the three Virginia office buildings is approximately $126 million. Vornado has also entered into an agreement to sell a building on Market Street in Philadelphia for approximately $60 million. That building is part of the Gallery at Market East.