GAINESVILLE, VA-A $35 million mixed-use office, office and residential project here will break ground next spring. Called Madison Square, it is being developed by Appian Realty Advisors, a newly established company on behalf of RER Equities, a private real estate firm. Appian is also leasing the office space; JBG Rosenfeld is leasing the retail component.

Groundbreaking is expected to occur in spring 2008 with the delivery of the first phase — two buildings out of a total of five–expected in the Fall. All together, the commercial space will include a mix of 170,000 sf of two-and three-story buildings with ground floor retail and restaurant space. The residential component–the builder for this piece has not yet been selected–will consist of 25 singlefamily lots.

Appian expects to have a number of pre-leases signed for the project in place within a matter of weeks, Dan Gonzalez, managing partner tells There has been enough interest from the market, he says, to support the development of 70,000 sf, or two buildings. Much of the interest in the office space, Tom Sandlin, managing partner tells, comes from local professional firms and the medical community. Pending retail deals include a health club, bank, and restaurants. Development costs for the phase 1 are expected to be $13 million.

This project is part of a hefty–for a newbie company that is–$350 million pipeline with which Appian launched. It began operations overseeing $150 million of projects under construction or about to go under construction, and another $200 million in future projects. Madison Square, Gonzalez says “is the first new development management and leasing project under the Appian name.”

Other Appian projects underway include Westpark Corporate Center, a 100,000-sf office in Fredericksburg; Innovation Executive Center in Manassas, a 640,000-sf office /flex development; a 250,000 sf office/retail development called Village at Heathcote in Haymarket; Offices on Park Avenue, a 32,000-sf office condo development in Falls Church; Interstate Overlook, a 150,000-sf office/flex development in Woodbridge; Discovery Center 1, otherwise known as Mediatech, a 110,000-sf build to suit project, in Manassas; Discovery Center 2, a 80,000-sf office development in Manassas; and the Virginia Department of Forensic Science, also in Manassas.

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?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

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

  • Free unlimited access to'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 and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.