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Fair Lakes is a mixed-use, master-planned community developed by The Peterson
Companies. The property is highly regarded for its campus setting, retail amenities
and significant transportation infrastructure that provide easy access to Fairfax County
Parkway and Interstate 66, making it one of the most accessible office locations in
Northern Virginia. It is also only 16 miles west of Washington, D.C. and 11 miles south
of Dulles International Airport. The Fair Lakes community is 637-acres set amongst
three lakes, a hardwood forest and extensive landscaping, and was developed over
the last twenty years featuring 2.2 million square feet of office space, 1.2 million
square feet of retail space, two hotels comprising 430 rooms, 1,700 units of residential
apartments and 400 residential condominiums.
Fair Lakes Office Portfolio
The Fair Lakes Office Portfolio is a 1.25 million square foot portfolio of nine office
buildings and 482,000 square feet of development rights located on over 93 acres
within the Fair Lakes master-planned community. The buildings were built from 1986
through 2001 and range in size from 74,184 square feet to 273,539 square feet. Ample
tenant parking is provided resulting in a parking ratio of 3.5 spaces per 1,000 square feet.
Development
For new or expanding tenants, the Portfolio also contains the capacity to immediately
develop an additional 115,000 sf of approved and fully entitled office space and,
depending on various governmental approvals, a potential additional 367,000 sf of
office space could be developed beginning as early as fall 2007. New space can be
built on a build-to-suit basis.
Features
• On-site Property Management
• Professional security staff
• 24-hour tenant access through card reader
access system
• After-hours HVAC access through remote dial
• Advanced telecommunications infrastructure
and services
Amenities
• 1.2 million square feet of retail space and 25 restaurants
throughout its four retail centers: Fair Lakes Center, Fair
Lakes Promenade, The Shops at Fair Lakes, and East Market
at Fair Lakes
• Two hotels including:
• Hyatt Fair Lakes, a four-star hotel with 316 rooms and
seven conference rooms
• Residence Inn Marriott, a 114-room hotel with two
conference rooms
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