Since expanding into the I-81 corridor in 2005, Equus has acquired and leased approximately 700,000 square feet of industrial space and has completed an additional 850,000 square feet of build-to-suit lease projects, including a 450,000-square-foot build-to-suit lease for McKesson Corporation.

The new spec facility will be constructed of tilt-up concrete panels and will feature 32-foot clear height, energy efficient T5 interior lighting, 7-inch concrete floors, 50-foot x 50-foot column spacing and an ESFR sprinkler system. The warehouse/distribution facility will be a 410-foot deep, single-side loaded building with a 180-foot deep truck court to allow for truck trailer loading and parking away from the loading docks. The dimensions of the facility could suit a single-tenant user or a multi-tenant scenario, the company states.

Equus, which says it has launched an aggressive local and national marketing and leasing program, anticipates the building will be partially or fully leased before its scheduled delivery in March 2016. John Lesinski of Colliers International's Tysons Corner, VA office is leading the marketing efforts. BPG Development Company, Equus' development operating arm, will oversee development and construction.

Last week Equus reported it had sold three office-laboratory properties in Maryland's life science corridor for $29.4 million to Tritower Financial Group, LLC of Boston.