Navy Federal Credit Union Acquires Office Building From Zalco Commercial For $12 Million In Vienna VA

A vacant office building located at 901 Follin Lane Southeast in Vienna, VA, has been sold for a total of $12,000,000. The property encompasses an area of 100,000 square feet, resulting in a price per square foot of $120.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $12,000,000
• Address: 901 Follin Lane Southeast
• Market: Vienna, VA
• Square Footage: 100,000
• Price Per Square Foot: $120
• Buyer: Navy Federal Credit Union
• Seller: Zalco Commercial
• Brokerage: Cresa
• Brokers: Gene Sachs, Rich Rhodes & Dan Silverman

Cresa facilitated the transaction between Navy Federal Credit Union and Zalco Commercial, representing the interests of the buyer and seller in securing the property deal.