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Cushman & Wakefield Arranges Sale of Northern Virginia Retail Portfolio

Jayden Lapin-Tatman • 6/23/2022
Fairfax, VA Portfolio Retail

Fairfax, VA – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of the Fairfax Strip Center Portfolio, a three-center retail portfolio located in the affluent and densely populated City of Fairfax less than 20-miles west of downtown Washington, D.C.  

Cushman & Wakefield’s John Owendoff 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 dynamic roster of necessity-based tenants and is located within a mature, high barrier-to-entry submarket. 

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

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