WASHINGTON, DC METRO-Two health care companies have signed on to occupy a total of 130,000-sf in metropolitan Washington-area office buildings through the District office of New York’s Trizec Properties Inc. Both APS Healthcare and FHC Health Systems Inc.’s ValueOptions have signed 10-year leases for their respective spaces.

APS will occupy 60,000 sf in Silver Spring, MD’s three-building Silver Spring Metro Plaza on Colesville Road, where space goes for $25.75 to $27.75-per-sf. ValueOptions will occupy 69,000-sf of space at Sunrise Technology Park on Sunrise Valley Drive in Reston, VA. Leasing fees in the four-structure office park range from $13 to $15 per sf.

“These two significant lease deals demonstrate the strength of industries, such as health care, in the Washington Metro Area despite poor market conditions across the US,” Trizec regional vice president Paul Schulman says. Other health care organizations in the area include The Walter Reed Army Medical Center, which has space in the Silver Spring complex, and electronic health care transaction company The Workgroup for Electronic Data Interchange, which is housed in the Reston office park.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.