X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

GAINSVILLE, VA-Buchanan Partners will be breaking ground next month on a 75,000-sf office building–one of four properties that company plans–as part of its Corporate Center at Heritage Hunt.

Corporate Center at Heritage Hunt is located within Buchanan Partners’ 100-acre Heritage Hunt Commercial Park, at the intersection of Interstate 66 and Route 29 in Gainesville. The first two phases–76,000 sf of medical/office condominiums and a 30,000-sf retail center–have been completed.

Altogether the Corporate Center will deliver some 350,000 sf of class A office space. Buildings A and D will be 75,000 sf; buildings B and C will be 100,000 sf, according to Kingsley McAdam, project manager. He tells GlobeSt.com that park already has some 80,000 sf of commercial condos completed, with another 53,000 sf under construction that will deliver in October, the third phase of the park’s development.

All of the buildings are being developed on spec. Development costs for the three-story, building A are $17.2 million, he adds.

One advantage the building will have is that it is the only corporate address in western Prince William County that offers class A space, McAdam says. Asking rates for the building will be $27 per sf, full service.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

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 © 2020 ALM Media Properties, LLC. All Rights Reserved.