Marketing of One Fairfax Commences in Northern Virginia
117-Acre Campus Offers Potential to Contribute to the Vision of Fairfax County
WASHINGTON, Nov. 18, 2013 /PRNewswire/ -- Cassidy Turley, a leading commercial real estate services provider in the U.S., has begun marketing efforts for One Fairfax, ExxonMobil's campus in Fairfax, VA.
"One Fairfax is a unique campus, perfectly suited for a large corporate or institutional user or federal agency," said Paul Collins, Vice Chairman of Cassidy Turley. "Opportunities to acquire a property of this caliber and scale in such a vibrant community are rare. We're confident its unique attributes will attract intense interest from potential investors and end users."
One Fairfax is located on 117 acres at 3225 Gallows Road and includes four interconnected office buildings with six towers and an amenities building, all of which totals 1.2 million square feet. The property features conference centers, a fitness center, a swimming pool, a cafeteria, plaza dining, landscaped terraces, a 1.1-mile nature trail, 2,588 parking spaces and immediate access to the Capital Beltway (I-495). There are 92 acres of undeveloped land that offer value enhancement through future development. The current zoning allows an additional 550,000 square feet of development.
Additionally, One Fairfax is located near retail, residential and leisure amenities, including Merrifield's Mosaic District, and is 1.5 miles from the Dunn Loring-Merrifield Metrorail station (Orange Line). It also is 10 miles from downtown Washington, DC, 15 miles from Washington Dulles International Airport and 13 miles from Ronald Reagan National Airport.
"Fairfax is well positioned to build on our status as one of the fastest growing counties in the U.S., and One Fairfax can play a dynamic role in achieving the county's economic development goals," said Gerald L. Gordon, Ph.D., President and Chief Executive Officer of the Fairfax County Economic Development Authority. "Fairfax County is one of the nation's leading economies and one of the prime generators of economic growth in the Greater Washington, DC, metropolitan area and the Commonwealth of Virginia. With One Fairfax, we have an existing campus and unparalleled location that would require a lengthy and complicated process to replicate."
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. With headquarters in Washington, DC, the firm completed transactions valued at $22 billion in 2012, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 23,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services and research and consulting. Cassidy Turley enhances its global service delivery outside of North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.
SOURCE Cassidy Turley
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