EPR Properties Buys Former Saks Fifth Avenue building (116,828 SF) in DC

SaleRetailTysons / Fairfax / Herndon

Reported Oct 13, 2026 · Source: Commercial Property Executive

Source: Commercial Property ExecutiveRead the full report at Commercial Property Executive ↗

Deal details

Buyer
EPR Properties
Seller
Exemplar Luxury Group
Price
$39M
Size
116,828 SF
Price per SF
$334 per SF (our calculation)
Asset class
Retail
Transaction
Sale
Sub-market
Tysons / Fairfax / Herndon
Metro
Washington, DC
Reported date
Oct 13, 2026

Summary

Former Saks Fifth Avenue building is a retail sale in Tysons / Fairfax / Herndon, Washington, DC. Other details we have: buyer EPR Properties; seller Exemplar Luxury Group; price $39M; size 116,828 SF. Commercial Property Executive reports: “Exclusive: Former Saks Fifth Avenue Sells in Suburban DC.”

Quoted from the article; the other facts come from our own deal listing.

Source: Commercial Property Executive

Read the full report at Commercial Property Executive. What the article says:

  • Deal / Price / Size / Buyer / Seller
    Exclusive: Former Saks Fifth Avenue Sells in Suburban DC. EPR Properties has purchased a 116,828-square-foot retail property in McLean, Va., according to Yardi Matrix information. Exemplar Luxury Group sold the asset that is part of the 740,847-square-foot super regional mall Tysons Galleria for $39 million, or $333 per square foot. The former Saks building is at 2051 International Drive
  • Deal
    Exclusive: Former Saks Fifth Avenue Sells in Suburban DC.

Article date: 2026-10-13

Frequently asked questions

Who bought Former Saks Fifth Avenue building?
EPR Properties bought Former Saks Fifth Avenue building in Tysons / Fairfax / Herndon, DC, according to Commercial Property Executive.
How much did Former Saks Fifth Avenue building sell for?
The reported price is $39M ($334 per SF, our calculation), per Commercial Property Executive.
Who sold Former Saks Fifth Avenue building?
The seller was Exemplar Luxury Group, per Commercial Property Executive.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.