Two-Decade-Old Office Building Goes for $197 Per SF

MCLEAN, VA- T&M Venture II has acquired the 68,500-sf office building at 7601 Lewinsville Rd. for $13.5 million or $197 per sf. The 18-year-old property was sold by BPG Properties Ltd. affiliate Lewinsville Investors LP, which had acquired the four-story structure for $9.6 million five years ago. According to Fairfax County Records, the property has a current assessed value of $10.4 million.

Bill Prutting, first vice president of CB Richard Ellis, acted as the sole broker. “This building is a very attractive property due to its proximity to Tysons Corner, low-market vacancy, building features and visibility from the Capital Beltway,” Prutting notes.