SPRINGFIELD CORPORATE CENTER
Location
Springfield, VA
Owner
MRP/Artemis
MRP AND ARTEMIS REALTY PARTNERS
SPRINGFIELD
MRP and Artemis Realty Partners purchased Springfield Corporate Center in October, 2013. In partnership with the Lincoln team, Ownership implemented a capital improvement plan that included a robust renovation of the lobby, common corridors, bathrooms, elevator cabs, and HVAC. The plan also included a full build out of a state-of-the-art fitness center. The Lincoln team has successfully signed 95,000 sf of leases since MRP/Artemis Realty Partners initial purchase.
Highlights
Springfield
Market
Owner
MRP/Artemis
Size
136,672 SF
Class
B
Year Built
1988
Year Renovated
2014
Typical Floor Size
29,462 SF
WOW FACTORS
LPC Assignment Date: November, 2013
Percent Leased (2013): 65%
Asking Rate (2013): $26.00 - $28.00 psf
Percent Leased (2017): 85%
Asking Rate (2017): $28.00 - $30.00 psf
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