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Washington DC & Mid-Atlantic  + DC Metro  + Retail  |  June 24, 2022
Cushman & Wakefield has arranged the sale of a three-center retail portfolio located in Fairfax, VA.
Lisa McDuffie
By: Lisa McDuffie

Crow Holdings Client Disposes of Trio of Retail Strip Centers in Fairfax

Cushman & Wakefield has arranged the sale of a three-center retail portfolio located in Fairfax, VA less than 20-miles west of downtown Washington, DC.

John Owendoff of Cushman & Wakefield’s represented the seller, a real estate fund advised by Crow Holdings Capital, in the transaction.

“Retail fundamentals remain historically strong, and we continue to experience significant investor demand for high-quality retail product,” said Owendoff.

The Fairfax Strip Center Portfolio consists of Fairfax Marketplace, Fairfax Pointe and Boulevard Marketplace. The portfolio is 93% leased to a roster of necessity-based tenants and is located within a mature, high barrier-to-entry submarket.

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Inside The Story

Cushman & Wakefield's Owendoff

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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