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January 7, 2009
NoVa Green Flex Eyes 100% Occupancy Goal
January 7, 2009
STERLING, VA-Hughes and Smith recently delivered one of the first green flex buildings in Northern Virginia. Called the "Mid Dulles" building, the facility is an 85,570-square-foot warehouse-office-retail structure located at 22570 Shaw Rd. in this submarket.
The company inked one pre-lease transaction, with Dulles Electric, which has just moved into its designated 49,670 square feet. Now the brokers representing the building owner--Appian Realty Advisors--is marketing the remaining 35,837 square feet, which contains 27,888 square feet of warehouse space, 9,264 square feet of office, and 1,715 square feet of retail.
Dan Gonzalez of Appian tells GlobeSt.com there is a good bit of interest in green flex space here, despite a slowdown in general activity in the market. Gonzalez says the company is in discussions with at least two prospects, which would bring the facility to 100% occupancy. Asking rate for the building is $12 per square feet, triple net.
Dulles Electric, according to the firm, was attracted to locating in a green facility and to supplement the green systems already in the building, has installed a Watt Stopper. This is a motion sensing and time clock management system that provides lighting only when needed. It also implemented ight harvesting in office areas. The facility has several green features including a green roof; nine bio-filters to process site water run off, so it doesn't enter the Chesapeake Bay watershed; low e-thermal pane windows and roof space that has been dedicated to future solar panel installation.
www.globestreet.com
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