Office tenants continue to prefer Northern Virginia submarkets with direct access to Metro stations, and relocations to areas like Tysons Corner are having a significant impact on Fairfax Center’s fundamentals. Vacancies, which have increased since 2013, are now near an all-time high. Draws for this submarket include retail amenities, connectivity to other areas of the region, and a diverse array of employers. Major tenants in Fairfax Center include defense contractors (ManTech International, General Dynamics, and Northrop Grumman), healthcare (Kaiser Permanente), the local Fairfax County government, and IT firms (Argon ST, CGI Group). Net absorption struggled from 2015–17, but was at its highest level since 2011 after the first three quarters of this year. The most recent delivery was in January 2018, when Apple Federal Credit Union (AFCU) completed its 150,000 SF building at Fairfax Corner. As of October, the property was more than 90% leased, with AFCU taking 93,000 SF and Atlantic Coast Mortgage taking 26,000 SF. The last delivery of note before this year was Inova Health Systems’ 112,500-SF medical office in the Fair Oaks Hospital center. The property delivered in 2014 and remains more than 40% vacant but is facing further risks—Inova Health Systems plans to consolidate to its new campus in Merrifield near the Dunn-Loring Metro station.