Search
 

Lerner Enterprises Developing Three Projects in the 270 Corridor

ROCKVILLE, MD-Fallsgrove Corporate Center, one of three office projects planned for the 257-acre mixed-used development in the 270 corridor, will break ground soon. The 208,000 sf, eight-story building is scheduled for completion in the spring 2002.

By Diane Cook | Updated on December 08, 2000

ROCKVILLE, MD-One of three class A office projects is slated for ground-breaking at the Fallsgrove project, according to Grubb & Ellis. Lerner Enterprises will soon break ground on a 208,000-sf office complex here, say officials of the DC-based real estate developer. The Fallsgrove Corporate Center, slated for construction at 1900 Research Boulevard and West Gude Drive, will be an eight-story class A office building with world-class appointments. Due for completion in spring 2002, Peter Hill-Byrne of Grubb & Ellis says that, depending on market strength and tenant requirements, the space will rent in the range of $33 per sf to $35 per sf.

The center is one of three class A office projects Lerner is developing at Fallsgrove. Lerner will also develop Fallsgrove Executive Plaza, a 230,000-sf office building and a mixed-use project known as the Fallsgrove Village Center, which will contain an integrated 75,000-sf office building. Both sites have major frontage along heavily trafficked Shady Grove Road and are suitable for corporate headquarters.

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?

NOT FOR REPRINT

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

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 © 2024 ALM Global, LLC. All Rights Reserved.