Anthony Chang Of Silverline Equities Acquires Office Properties In Fairfax For $12.5M

The asset involved in this transaction consists of the Greenwood Plaza and Oakwood Center office buildings located at 11781 Route 50 & 12015 Route 50 in Fairfax, VA. The transaction was completed for $12,500,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $12,500,000
• Buyer: Anthony Chang - Silverline Equities
• Seller: Brandywine Realty Trust; Perennial Investments & Advisors

Silverline Equities acquired the properties and immediately undertook a transaction to sell Oakwood Center to JR Real Estate Group, which plans to pursue approvals for future multifamily redevelopment. Greenwood Plaza will continue to operate as an office property within Fair Oaks Mall.