LOUDOUN, VA-The Alter Group has inked a 27,501-square foot lease at Loudoun Gateway IV, a five-story, 128,000-square foot corporate office building at Loudoun Gateway Corporate Center in the Dulles submarket. The tenant is ORBCOMM, a global satellite provider headquartered in Rochelle Park, New Jersey and houses its network control center in Dulles.

Tom McHugh and A.J. Wood of Cushman & Wakefield, represented ORBCOMM in the transaction. Andrew D. Klaff, Warren H. Amason, and Chad E. Arnold of Colliers International, represented The Alter Group.

Matthew A. Ward, SVP of The Alter Group notes that the Northern Virginia market is clearly in recovery "with rents rising 5% between the first and second quarters and little in the way of new construction before 2014." He says the local office market should do well, especially with 35 growth forecasted for the larger DC area.

Loudoun Gateway Corporate Center is a 38.6-acre park is within Loudoun Gateway Business Park. It is near Washington Dulles International Airport. Loudoun Gateway V is the last of five buildings that The Alter Group developed at Loudoun Gateway.

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Alter Group Inks 27,501 SF at Loudoun Gateway IV

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