Edge Brokers Two Leases Totaling Nearly 30,000 SF Of Space At 8000 Forbes Place In Springfield, Virginia

5/11/20

Two-story, 60,000 square foot flex/office building now 88% leased

Edge, a full-service commercial real estate firm with offices in Washington D.C., Virginia, Maryland and Pennsylvania, has brokered two leases totaling nearly 30,000 square feet of space within 8000 Forbes Place in Springfield, Virginia. This recent activity elevates occupancy within the two-story, 60,000 flex/office building to 88%. Edge was the exclusive brokerage firm for the building with the leasing handled by Scott Rabin, Partner, Advisory Services and Todd McManus, Vice President, Advisory Services. The Edge team represented the landlord and Adam Brecher of Savills represented the tenant in both lease transactions.

Mass Electric Construction Company, an electrical contracting company servicing the power and energy, transportation and industrial sectors, signed a lease for 21,311 square feet of space. Kiewitt Building Group, a wholly-owned subsidiary of Kiewitt Corporation and engaged in general contracting and engineering activities, signed a lease for 5,649 square feet of space.

8000 Forbes Place features an all-brick exterior, recently-renovated interior and lobby and is situated near the Braddock Road interchange of Interstate 495 (Capital Beltway). The asset is within close proximity to multiple amenities including Ravensworth Shopping Center. The Rolling Road and Backlick Road commuter rail stations (Manassas Line) are less than four miles away and Reagan Washington National Airport can be accessed in 13 miles. The building is surrounded by a free parking field.

“Since assuming this leasing assignment, we successfully elevated the occupancy in 8000 Forbes Place from 57 to 88% with quality tenants and despite the current challenges with COVID-19, we effectively finalized these leases remotely in a timely manner.,” stated Scott Rabin of Edge.

“The combination of existing move-in ready office space and warehouse is ideal for professional services companies such as Mass Electric and Kiewitt Building Group, with both companies attracted to the immediate access to major highways and plentiful amenities,” added Todd McManus of Edge.”

Edge is a commercial real estate firm providing a full complement of advisory, leasing, investment sales, management, construction, property management and engineering services to clients throughout the Washington, D.C., Maryland, Northern Virginia, and Pennsylvania marketplaces. Founded in 2007, the company currently leases and manages more than 8.5 million square feet of commercial office, flex/office, industrial/warehouse, retail and mixed-use space. Visit www.edgecre.com

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