Six of the tenants are credit rated and appreciate StaffordCommerce Center's proximity to the Marine Corps Base Quantico,Grubb & Ellis broker Brian MacDonald tells GlobeSt.com.
MacDonald, along with Eric Berkman, Steve Gichner, Juliana Koand Ashley Blum, represented the seller. "Five thousand jobs aremoving to the base as a result of the [Base Realignment andClosure] process, bringing to a total of 18,000 jobs there. This isfueling demand for office space."
The typical tenants at the park are defense contractors workingwith government agencies such as the FBI, he says. The sixcredit-rated tenants account for 58% of the leased space, MacDonaldadded.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
