KBS sells Fairfax office park for $106M
Willow Oaks Corporate Center has 584,147 SF
KBS has sold Willow Oaks Corporate Center in Fairfax County’s Merrifield area to Utah-based Bridge Investment Group for $106 million, Newport Beach, California-based KBS announced Thursday.
The 584,147-square-foot Class A office park was built in three phases in 1986, 1989 and 2003. It includes three buildings located near the intersection of Route 50 and Interstate 495 (the Capital Beltway). KBS has renovated the buildings.
The office park is located at 8260-8280 Willow Oaks Corporate Drive, near Inova Fairfax Hospital.
James Cassidy, Jud Ryan and Grant Marley from Newmark represented KBS in the sale.
This story has been corrected from an earlier version. KBS’s corporate headquarters is located in Newport Beach, California.