Tartan Sells Triple Net Investment Property
April 2018 – Tartan Properties Commercial is pleased to announce the sale of 200 N. Fairfax Street in Old Town Alexandria. The fully leased, historic mixed-use property had been fully renovated and released in 2016. The three residential unit building is anchored by the local and wildly successful women’s fashion store, The Hive. Tartan is a market leader in Alexandria office space for sale and was able to close the deal on this triple net investment property in an unheard of 25 days on the market at a record low cap rate. Mike Porterfield was the commercial real estate broker representing the seller and the buyer in this transaction was represented by Britney Patterson of TTR Sotheby’s. For more information on this transaction call Tartan’s office.