JLL Announces Major Renovation at 4100 N. Fairfax Drive

ARLINGTON, Va., August 3, 2026 – Jemal Real Estate Strategies (JRES) is undertaking a significant repositioning of 4100 N. Fairfax Drive following its recent purchase of the property, marking the group’s first investment in Northern Virginia. JLL has been retained as the exclusive leasing agent for the 271,000-square-foot office building, which will undergo a comprehensive renovation designed to create one of Arlington's premier workplace destinations. 

Located adjacent to the Ballston-MU Metro station in the heart of Arlington's Rosslyn-Ballston Corridor, JRES will preserve the property as office space through a significant renovation, replacing the prior owner’s plans for an office-to-residential conversion. The decision reflects the firm's confidence in the Northern Virginia office market and the growing demand for high-quality, amenity-rich workplaces. As companies continue to prioritize office environments that support collaboration, flexibility and employee experience, thoughtfully renovated, well-located assets are increasingly outperforming the broader market.

Originally completed in 2001, 4100 N. Fairfax Drive is uniquely positioned to capitalize on those market dynamics through a significant capital investment that will modernize the building while enhancing the overall tenant experience. The project underscores Jemal Real Estate Strategies’ conviction that strategic reinvestment in exceptional locations will continue to create long-term value for both tenants and ownership.

"The office market continues to reward owners who have the foresight to invest in high-quality assets that meet the evolving needs of today's occupiers," said David Goldstein, executive managing director at JLL. "Premium office inventory remains limited across Northern Virginia, creating a meaningful opportunity for owners equipped to thoughtfully reposition well-located buildings. Jemal Real Estate Strategies recognized that opportunity at 4100 N. Fairfax Drive, and we're excited to introduce a dramatically enhanced workplace experience to the market." 

The repositioning will transform the property's arrival and tenant experience through a comprehensive renovation featuring a hospitality-inspired lobby, a flexible 100-person conference center with adjoining pre-function space and coffee bar, a state-of-the-art fitness center with locker facilities and a private rooftop terrace opportunity for the building's anchor tenant. Existing tenants will remain in the building throughout the renovation.

"4100 N. Fairfax Drive represents a rare opportunity to invest in one of Northern Virginia's most connected and desirable office corridors," said Norman Jemal, founder at Jemal Real Estate Strategies and senior managing principal at Douglas Development. "We believe the market continues to reward owners who are willing to invest in creating exceptional workplace environments. Our vision is to deliver a building that reflects how companies operate today while providing the quality, amenities and flexibility that will define the next generation of workplaces in Arlington." 

JLL’s David Goldstein, Matt Owens and Brent Mathis are leading leasing efforts on behalf of Jemal Real Estate Strategies. 

Jemal Real Estate Strategies Inc ("JRES") is a private investment platform founded by Norman Jemal, Senior Managing Principal at Douglas Development, to pursue opportunistic real estate and structured investment opportunities. Building on decades of experience acquiring, repositioning, financing, and operating commercial real estate, JRES gives institutional and private capital a dedicated platform to invest alongside Norman Jemal on transactions distinguished by hands-on asset management, flexible capitalization, and differentiated sourcing. Since its launch in 3Q25, JRES has sponsored three primary investments:
 

• 4100 N. Fairfax Drive — lease up of a class A office building in Arlington, Virginia, centered on building upgrades including lobby renovations, a conference center and fitness facility that will enable long-term value creation.
• 420–430 E. Genesee St. — The adaptive reuse of a historic Boys Club and an office building in Syracuse, New York, into 57 apartment units.
• 707 E. Main Street — The adaptive reuse of a 370,000 square foot, 20-story office tower in Richmond, Virginia, into 288 apartment units and a 210-room Marriott AC Hotel.