Three Medical Tenants, One Pharmacy Nab Space at New Northern Va. Office Building
By Christina sturdivant-Sani April 10, 2019 2:59 pm
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Washington Property Company has delivered a 66,932-square-foot medical office building called Stone Ridge Medical Center at 24560 Southpoint Drive in Dulles, Va. and signed four tenants including medical providers National Spine and Pain Centers and Virginia Pediatric Group, according to a press from the real estate investment firm. The companies will move in to the building this month.
National Spine and Pain Centers signed on for 4,985 square feet at the three-story building, while Virginia Pediatric Group inked a deal for 4,456 square feet at the property.
Gary Glatter of Ezra, who did not return Commercial Observer’s request for comment, represented National Spine and Pain Centers. Virginia Pediatric Group had no broker in its deal.
Located 11 miles from Washington Dulles International Airport, Stone Ridge Medical Center sits across from the HCA StoneSprings Hospital Center, which opened in 2015 as Loudoun County’s first new hospital in a century.
Washington Property Company acquired the 8.4-acre development site to develop Stone Ridge Medical Center from Van Metre Homes in 2016, per the release, which states that the acquisition and construction costs totaled about about $21 million.
Another medical provider, Jackson Clinics, will occupy 2,933 square feet at Stone Ridge Medical Center and a pharmacy Stone Ridge Pharmacy will take up 1,662 square feet. Jason Drakopoulos of Redwood Commercial represented Jackson Clinics in the deal. He did not return CO’s request for comment. The pharmacy did not have a broker in the deal.
The asking rent at the property is $28.50 per square foot, according to Joshua Gurland, a vice president at Washington Property Company, who represented the firm in the deals.
