(Mark Your Calendars. The 11th AnnualRealShare Washington, DCconvenes at the Ritz Carlton, June 1. Click here for moreinformation.)

FAIRFAX, VA-Shorenstein Properties has tappedCBRE’s Jeff Roman, Mike Pepper, BrianWood and John DiCamillo as exclusivelisting agents for its Fair Lakes office portfolio. The portfolio,located in the master-planned Fair Lakes community, consists ofnine office buildings spanning more than 1.3 million square feetand 93 acres. It also includes approved and fully entitleddevelopable parcels of more than 500,000 square feet.

Tenants in the park include Northrop Grumman, GeneralDynamics, SRA, CGI, Argon ST and AvayaGovernment. The portfolio’s occupancy is in the low tomid-90% range, SVP Roman, tells GlobeSt.com. Asking rates for theexisting space will be in the $31-per-square-foot to $34-per-footrange, he says.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.