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Carr to redevelop Old Town Alexandria coworking offices as mixed-use - Washington Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Abramson Embarks on Northern Virginia Office-to-Condo Conversion The 66,000-square-foot revamp is one of the several adaptive-reuse projects currently reshaping Alexandria s Old Town. Jan262021 Rendering courtesy of Finmarc Management Inc. Seemingly unbothered by the onset of the pandemic almost a year ago, Alexandria, Va.’s built environment has been revived by a number of new residential projects shaping up across the city. Some of them propose the adaptive reuse of vacant commercial buildings, including office, industrial and hospitality space. Local player Abramson Properties is among the companies that officially undertook such a project earlier this year when it purchased an unused, four-story office property in Alexandria’s historic Old Town neighborhood. With clear plans to convert the roughly 66,000-square-foot property at 801 N. Fairfax St. into a 54-unit condominium property, the buyer paid $13.1 million to Finmarc Management Inc ....
Yet Another Alexandria Office Building Is Planned For A Condo Conversion An old rendering showing Finmarc s vision for converting 801 North Fairfax St. to condos. An Alexandria office building has sold to a buyer that plans to turn it into condos, the latest in a string of office-to-residential conversions in Northern Virginia. Abramson Properties acquired the four-story, 66K SF office building at 801 North Fairfax St. from Finmarc Management for $13M, the seller announced Thursday. Cushman & Wakefield s John Pellerito and Paul Norman Jr. represented Finmarc in the sale. Finmarc acquired the building in 2014 for $9M, property records show. The buyer plans to convert the vacant office building into a 54-unit condo project, with construction expected to begin this year. ....