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FAIRFAX, VA-A private investors group, led by Carr Capital Corp., has acquired Greenbriar Corp. Center here in the Fairfax Center submarket. Brooksale Investors Two LP sold the property for $15 million. The acquisition financing of $11.2 million was placed with an unnamed life insurance company and was structured as a 10-year, fixed-rate loan with flexible prepayment terms.

The center is a 111,721 sf, class B+ suburban office building. It has a current vacancy rate, including sublet space, of 6.5% and is located on US Route 50, adjacent to the Greenbriar Town Center.

Headquartered in Washington, DC, Carr Capital Corp. is a privately-held real estate finance and investment firm. It has completed debt and equity placements totaling over $1.25 billion for third party clients and it owns or has investments in approximately 530,000 sf of office properties for its own account. It also manages 1.3 million sf of class A office and hotel properties.

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