X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HAYMARKET, VA-Landservices just broke ground on a two-office complex it is developing here that it hopes will be filled with tenants from the local medical community. Located at the 1-66/Route 15 interchange, the site is the former proposed locale of Disney’s America theme park.

Phase one of the project is an 80,000-square-foot, four-story office building along with two pad sites. These were leased at the beginning of the year to BB&T Bank and to MiniLand day care center, according to Dan Gonzalez, managing partner of Appian Realty Advisors, which is marketing the space. The pad sites are scheduled to open in late 2009. Delivery of the office building will be Q2 2010.

The second office building will be part of phase two of the development. This building will be 60,000 square feet. Asking rates for the office buildings will be $22 per square foot to $24 per square foot, triple net or $29 per square foot to $31 per square foot, full service, Gonzalez tells GlobeSt.com. Tenants can also purchase portions of the buildings in an LLC ownership structure, he adds–a feature that is popular with doctors.

The office buildings will appeal to medical firms because of the proximity of a new Prince William Health Systems 88,000-square-foot multi-tenant medical facility that is adjacent to the mixed-use complex in which the new offices will be located, Gonzalez says.

Specifically, the office buildings are part of the Village at Heathcote, which at full build-out will consist of 450 residential units–half of which are already completed–and more than 75,000 square feet of street level retail.

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?

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.