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Paula C. Squires// April 1, 2014//
Medical group GI Partners Javier Rd. LLC has purchased a five-story, 23,360-square-foot medical building in the Merrifield area of Fairfax County for $5.4 million.
According to CBRE, which brokered the sale, GI Partners leases space nearby now and plans to occupy the building, following a major renovation. In the long-term, owning rather than leasing will save the company money. Plus the new location at 3028 Javier Road provides signage visibility near Inova Fairfax Hospital Center.
“With an exceptional location at the heart of the Merrifield business district, close to the Inova Fairfax Hospital Center and in walking distance to the Mosaic Center’s shops and restaurants, this attractive property received several competitive offers which exceeded our asking price,” CBRE First Vice President Bill Prutting, said in a statement.
CBRE’s W. Carter Byrnes collaborated with Prutting in representing the seller, the Dittmar Co.
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