Paula C. Squires// June 2, 2014//
New Boston Fund Inc., a private equity real estate investment, development and management firm, has hired Colliers International as its brokerage team for TransDulles Centre in Sterling.
New Boston Fund is updating the center’s common areas and finishes. It also has started a program to build out a portion of the remaining vacant space into smaller spec suites that will provide move-in ready options of varying sizes to new tenants seeking immediate occupancy.
“TransDulles Centre offers incredible space and amenities for companies seeking smaller footprints and competitive pricing,” David Langol, vice president of Asset Management at New Boston Fund, said in a statement.
Acquired by New Boston Fund in 2007, TransDulles Centre is comprised of two Class-A buildings totaling 149,763 square feet. The property offers a fitness center and is located adjacent to the W&OD Trail, a 45-mile paved trail spanning from Loudoun to Arlington counties that is used for walking, running, bicycling and/or skating.
Adjacent to Trans Dulles Centre, New Boston recently completed a 178,234-square-foot, build-to-suit office and manufacturing facility for Rockwell Collins, a communication and aviation electronics solutions company. The building is comprised of 47 percent office and 53 percent laboratory and assembly space. It was received an Award of Merit and was named, “Best Building, Non-Institutional Facility,” at the Best of NAIOP Northern Virginia Awards in November 2011.
TransDulles Centre is located five minutes north of Dulles International Airport in the Route 28 North submarket.