Arlington, VA – July 23, 2018: FD Stonewater announced that it has recently been awarded two new development deals, both for specialized healthcare facilities housing federal tenants. The new projects represent the most recent successes for the firm’s expanding federal development and construction management platform. The first award was for a 15-year lease by the General Services Administration (GSA) to house the United States Air Force in Brandon, FL. FD Stonewater acquired the building and is redeveloping the 44,000 square foot asset, transforming it from its prior call center and general office use into the new MacDill Satellite Clinic, a state-of-the-art medical facility that will provide comprehensive medical care to members of the Air Force and their families.
The second development is a 20-year lease for the United States Department of Veterans Affairs in Charlotte Hall, MD. This ground-up development is situated on a 6.9-acre site and will consist of approximately 25,000 square foot Community Based Outpatient Clinic that will provide Veterans with accessible, comprehensive, and patient-centered healthcare. Claiborne Williams, Principal at FD Stonewater, commented, “We are thrilled to have been selected to lead these two important projects. Our expertise in government-occupied real estate, along with the proven track record of our project partners in delivering specialized healthcare facilities across the country, will guide critical decisions at key project milestones and ultimately result in the best possible outcome for the tenants. We are truly honored to support these vital organizations and deliver new facilities that will serve the men, women, and families of our Armed Forces, as well as our country’s Veterans, for the next 20 years and beyond.”
FD Stonewater is a leader in designing, developing and owning facilities leased and occupied by government tenants. The firm and its affiliates has successfully delivered 18 build-to-suit lease projects on behalf of government tenants. The company has over $240 million of federal development projects underway nationwide.
Oculus Inc. serves as the project architect with Harvey Cleary Builders serving as general contractor for both projects.
About FD Stonewater
FD Stonewater is a boutique real estate investment, development, and brokerage firm headquartered in Washington, DC. Collectively, the firm’s leadership has a track record of more than $10 billion, over 45 million square feet of lease transactions, and 18 build-to-suit projects completed, with $240 million of federal development currently under construction.
For further information:
Kathryn Nuss
703-537-7628 Direct
[email protected]
