WASHINGTON, D.C. (Sept 2023) — 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, VA, 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, D.C., 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 sq ft 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+ sq ft 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.