Albemarle Point is on a 28-acre site north of Westfields and next to the 700,000 sf National Reconnaissance Office headquarters. The site can be accessed from Route 50, Route 28 via Willard Road, and Lee Road. All six buildings will be steel-framed and clad in brick masonry and green-tinted glass, with similar details to promote a campus feel. The site has access to multiple fiber-optic cable providers.
Tenants will determine their own interior build-out for all six buildings, with the landlord offering tenant improvement allowances. Tenants can lease an entire building, or as little as 5,000 sf. Underground conduits will permit all six buildings to be inter-connected. The leasing agents for Albemarle Point are Caulley Deringer and Hank Dudgeon of Transwestern Commercial Services.
Building I is a two-story office building with 87,500 sf of rentable space and granite and wood lobby finishes. There will be four parking spaces per 1,000 sf. Space in Building I will rent for $25 per sf full service.
Buildings II, III, and IV are planned as single-story office buildings with rents of $16 per sf triple net. These three structures will have 28,000 sf to 33,000 sf each. Buildings V and VI are planned as flex space with clear ceiling heights of 16 ft to18 feet. Each building will have a rear dock and drive-in loading. These buildings are planned for 49,000 sf and 59,000 sf, respectively, renting for $14.50 per sf triple net. Buildings I, IV, and VI--one of each product type--will be completed in Phase I.
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