CGI Building in Fairfax sells for $55.3M
The 10-story office building is 88% leased
The CGI Building in Fairfax sold for $55.3 million on Oct. 5.
Located at 12601 Fair Lakes Circle, the 10-story office building is 259,511 square feet and occupies 8.36 acres. It is 88% leased to four tenants, primarily government contractors, and anchored by CGI Federal Inc., part of CGI Inc. The property was recently renovated in a $6.4 million capital improvement plan.
Cognac Fair Lakes LLC sold the property to Opal Holdings. Newmark Group Inc.’s Executive Managing Directors James Cassidy and Jud Ryan represented the seller.