Hickok Warner Cole designed seven-story brick and glass structure. "Now is the time to move forward," says Monument realty co-founder and principal Michael J. Darby. "We are seeing increased interest in the Herndon office market, and the rates are right for proceeding."
The development cost for Monument Three has not been revealed. However, the seven-year-old Monument One, which is fully leased until 2020, recently sold for nearly $56 million.
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