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STAFFORD, VA-Fredericksburg-based Silver Commercial is developing Quantico Corporate Center, a one-million-sf office complex on an 85-acre parcel of land near Quantico Marine Base. The development carries an estimated $300-million price tag. The park will be designed to appeal to defense industry businesses, as well as medical, educational and R&D concerns.

The Quantico Commercial site is located off Interstate 95 and Route 1 and, upon completion, will feature 10 to 12 structures. Silver’s Metro Washington, DC GSA/Government Support Leasing office is currently marketing space for a four-story, 140,000-sf spec office building on the campus for $25 per sf. That structure is scheduled for delivery next year.

Silver is also reportedly in talks with a leading defense contractor that is interested in a 220,000-sf build-to-suit on the property. Due to the Defense Department’s Base Realignment and Closure endeavor, about 3,000 military workers will relocate to the area.

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