BisNow Rooney Properties has paid $20.2 million, or $102.54/sf, for the 197,000-square-foot office building at 4350 North Fairfax Drive in Arlington, Va. The local investor bought the property from Nuveen, which had acquired it in 2006 for $85 million. Newmark brokered the latest transaction. The building is about 50% occupied, but that’s slated to shrink […]

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