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430,800 SF of Spec Office Space Gets Under Way

HERNDON, VA-Tishman Speyer begins constructing three spec office properties, the 184,000-sf Woodland Pointe here and the two-building 246,000-sf Plaza East in Chantilly. The class A facilities are scheduled for completion in May 2007.

By Barbra Murray | Updated on April 17, 2006

HERNDON, VA-More class A office will soon hit the market in the area now that Tishman Speyer has announced that construction has gotten under way on three spec buildings totaling 430,800 sf. Jones Lang LaSalle has been charged with handling leasing activities for all properties.

At Woodland Park here, Tishman Speyer is developing the 184,000-sf Woodland Pointe, a six-story structure with five levels of underground parking. Space is being marketed in the building, which will carry the address of 2260 Woodland Pointe Ave., for $38 per sf. In Chantilly, a twin-building portfolio known as Plaza East will grace the Westfields Corporate Center. Offering 123,400 sf of space each at $32 per sf, the five-story structures will sit at 14291 and 14295 Park Meadow Dr.

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