Virginia medical office building sold for $21M

Global Medical REIT bought a Fairfax, Va., medical office building for $21 million, reported Commercial Observer

Advertisement

Prosperity Plaza is a 96,070-square-foot, seven-story property located less than 1 mile from Inova Fairfax Hospital, North Virginia’s largest healthcare facility. 

The building is currently 84 percent leased to medical and traditional office tenants including Medstar, Inova, the Neurology Center of Fairfax, and the real estate services company Gates, Hudson and Associates.

The facility was sold by the Tomares Companies, which originally developed the building in 1986.

Advertisement

Next Up in ASC Transactions & Valuation Issues

  • Here are six payer updates since the start of 2026 that ASC should know:  1. CMS finalized a 2.6% payment…

  • Noncompete agreements, and the laws that regulate them, are rapidly becoming one of the most consequential, and contested, issues in…

Advertisement

Comments are closed.