CB Richard Ellis orchestrated the disposition of the 24-year-old property on behalf of the seller. Located at 3877 Fairfax Ridge Rd., High Ridge sits right off Interstate 66 just blocks from the 1.6-million-sf Fair Oaks Mall. The four-story structure is anchored by web services infrastructure company webMethods Inc., which signed a 10-year lease for 106,000 sf in 2004.

High Ridge's tenant roster features several other businesses, including the American Diabetes Association, which operates its Matching Gifts Processing Center in a 19,500-sf space, JBI software and management services provider YRCI. The building was upgraded in 1997 and its most recent renovation reached completion early last year.

While relatively substantial, the sale price of High Ridge, about $229.40 per sf, was not exactly in line with the average sale price of class A office properties in Northern Virginia for the final quarter of last year. According to the GVA Advantis Year-End 2005 Market Review, the average sale price for such properties in the area was $295 per sf, which was substantially higher than the $227.38-per-sf figure for the fourth quarter of 2004.