FIRM BUYS FAIRFAX MEDICAL CENTER FOR $12.89 MILLION

FAIRFAX, VA. — Long Island, N.Y.-based Gyrodyne Co. of America has acquired the 58,000-square-foot Fairfax Medical Center from an undisclosed seller for $12.89 million. Located at 10721 Main St. in Fairfax, the property is currently 84 percent leased. The Fairfax Medical Center encompasses two four-story buildings spread across 3.5 acres. Virginia Commerce Bank provided $8 million in mortgage financing.