Cassidy & Pinkard represented the tenant, while CB Richard Ellis stood in for High Ridge Corporate Park owner Gateway-Piedmont Inc.
The specific terms of the transaction have not been disclosed. However, class A office space in the City of Fairfax goes for an average of $23 per sf, according to Advantis Real Estate Services Co.'s Mid-Year 2004 Office Market Report. webMethods plans to make its move during the first quarter of next year, after the 20-year old, four-story structure undergoes its second renovation in seven years.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.
