214,214-SQUARE-FOOT OFFICE BUILDING SOLD FOR $60.25 MILLION

FAIRFAX, VA. — The 214,214-square-foot One Fair Oaks office building located in Fairfax, was sold to First Potomac Realty Trust for $60.25 million or $281 per square foot. The building is 100 percent leased. Paul Collins, Bill Collins, Drew Flood, James Cassidy and Jud Ryan of Cassidy Turley's Washington D.C. office represented the seller, an affiliate of Lehman Brothers Holdings. The buyer was not represented in the transaction.