GID announces acquisition of 282-unit garden-style community in Northern Virginia
Fairfax, VA — GID, a real estate owner and fiduciary that invests in multiple asset classes, has announced the acquisition of Arbors at Fair Lakes, a 282-unit, community located in Fairfax, which will be rebranded as Windsor Fair Oaks.
The garden-style community has a rich assortment of lively amenities, such as a clubhouse, pool and sundeck, 24-hour fitness center, dog park, tennis court, two outdoor grilling stations, a complimentary shuttle to the Vienna Metro and a half-mile nature trail.
Conveniently located just outside of Washington, DC, Windsor Fair Oaks provides easy access to major employers in Tyson's Corner, Reston/Herndon, the Rosslyn-Ballston corridor, and National Landing/Pentagon City through major interstates I-395, I-95, and the Capital Beltway. With Whole Foods anchored directly across the street and four additional retail centers with 5.3MM s/f within two miles of the community, residents are able to enjoy a wide variety of entertainment, dining, fitness, and shopping options.
This acquisition enhances GID's portfolio within the bustling DMV submarket of Fair Lakes, a masterfully planned community with over 2.5MM+ s/f of office/hotel space, 1MM+ sq ft of retail, and over 3,000 multifamily and condominium residences. According to Niche's suburb rankings, Fair Lakes has an A+ rating and is ranked within the top 15% of suburbs in Virginia, helping to create a deeper sense of home for future residents.