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OAKTON, VA- Columbia Equity Trust Inc. has acquired Oakton Corporate Center from Carfax Enterprise for $16 million. According to Fairfax County records, the 65,000-sf office building is currently assessed at $11.2 million. Columbia Equity financed the transaction with funds from its revolving credit facility.

Oakton Corporate Center is located at 10467 White Granite Dr. off Interstate 66. The 21-year-old building, previously known as Oakton Corporate Center III, had been part of the two-structure ELV Portfolio before Columbia opted out of buying both.

A fully leased, three-story structure, the building has a three-name tenant roster that includes Vance International, General Dynamics Advanced Information Systems and SunTrust Mortgage.

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