Fullerton Industrial Park, Springfield, VA

This is a portfolio of four industrial buildings situated in the Fullerton Industrial Park in Springfield, Virginia. The project totals 241,000 square feet of prime industrial space located just off of I-95 with direct access to all the arterial highways serving the metropolitan Washington, DC area (I-495/I-95, I-395, and the Fairfax County Parkway). Currently 90.1% leased, Fullerton Industrial Park has historically been the location of choice for companies serving Northern Virginia which is reflected in the Park’s 10-year historical vacancy rate of 5.1%, and moreover, its current vacancy rate of 3.7%. This long-term demand at Fullerton Industrial Park has resulted in a 10-year average annual rental rate growth of 3.8% with above average rental growth projected through 2019.

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