Reston’s Tall Oaks Village Center has a new owner.
The 64,000-square-foot shopping center near Lake Anne was sold by Boston-based CRP-2 Holdings Tall Oaks LLC to Tall Oaks Development Company on Dec. 17, Fairfax County records show.
The sales price was $14.3 million. The shopping center last sold for $10.8 in 2006. The prior sale was for $8.4 million in 2002, tax records show.
Tall Oaks Development Company is based in McLean, and records show it shares an address with the Jefferson Apartment Group, a local company that has developed more than 18,000 rental units with a value of more than $3 billion in 10 east coast states, including Virginia.
Locally, the Jefferson Apartment Group has developed, among others, the Residences at the Fairfax County Government Center, Tellus in Arlington, The Asher in Alexandria and the Jefferson at 14W, a seven-story, mixed-use luxury development in Northwest DC.
Jefferson representatives did not immediately return phone calls.
http://www.restonnow.com/2015/01/08/sold-tall-oaks-village-center/