Network Realty Partners Acquires Office Building In Fairfax, VA For $23M

The office property located at 10560, 10580 & 10600 Arrowhead Drive in Fairfax, VA has been sold in a recent transaction. The property was acquired by Network Realty Partners, represented by Greg Trimmer, for a sale price of $23,000,000. The seller in this deal was KBS, with Newmark acting as their representative.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $23,000,000
• Buyer: Network Realty Partners - Greg Trimmer
• Seller: KBS
• Buyer's Representative: Jim Meisel, Matt Nicholson, Andrew Weir, Kevin Byrd & Dave Baker - JLL
• Seller's Representative: Newmark

The deal was brokered by Jim Meisel, Matt Nicholson, Andrew Weir, Kevin Byrd, and Dave Baker from JLL, who represented the buyer in the transaction.