Finmarc Management Sells Giant Food-Leased Property in Fairfax, Virginia for $39.8 Million

Fairfax, Va. — Finmarc Management Inc. has sold a 76,000-square-foot, Giant Food-leased retail building in Fairfax to Signet Springfield for $39.8 million. The property is situated within Springfield Plaza, a shopping center with retail tenants such as AT&T, Chipotle Mexican Grill, David’s Bridal, CVS/pharmacy and Little Caesars Pizza. Last year, Giant Food relocated to its current building under a long-term lease. The new store features a full-service Starbucks Coffee shop with seating, as well as a PNC Bank branch. Ryan Sciullo, Chris Bosworth and Bill Kent of CBRE represented Finmarc in the transaction. David Chasin of Pegasus Investments represented the buyer.