Skip to main content Skip to footer

50 Tech Parkway Sells For $14,725,000

50 Tech Parkway

Richmond, VA – April 15, 2020 Colliers International is pleased to announce the sale of 50 Tech Parkway at 50 Tech Parkway, Stafford, Virginia for $14,725,000.

50 Tech Parkway, a 94,064 SF, Class A office building is part of the NSCBT three-building office park adjacent to Quantico Marine Corp Base. The asset is in a strategic and highly desirable location for United States of America defense related agencies and defense contractors, as evidenced by the property’s 94.5% occupancy, with anchor tenancy by United States government, BAE Systems, and Space Dynamics Laboratory, and 3.7 year weighted average lease term.

“50 Tech Parkway is a market leading, Class A office investment located along the northern Virginia I-95 office corridor providing highly attractive government centric tenancy and an excellent mark-to-market rent upside opportunity” said Will Bradley, Executive Vice President at Colliers International.

Will Bradley, Executive Vice President, Mark Williford, Vice President, and Lee Cherwek, Vice President, represented the seller.

Related Experts

Will Bradley

Executive Vice President

Richmond - North

Will Bradley is an Executive Vice President for Colliers International specializing in investment sales across the country. With over 15 years of experience and $1+ billion in sales, Mr. Bradley brings a holistic strategic approach to his client’s goals and needs facilitated through a highly sophisticated and creative process that provides unparalleled results and long-term, multi-transactional relationships. 

Mr. Bradley’s relationships with a wide composition of capital from institutional to high-net-worth and experience transacting across a variety of asset types including office, industrial and flex assets provide him a unique perspective in today’s capital markets. Prior to joining Colliers International, Mr. Bradley spent a decade with CBRE where he grew from the region’s sole analyst to its #1 producer.

View expert

Mark Williford

Senior Vice President

Richmond - North

Mr. Williford specializes in investment sales transactions nationally with a primary focus on the Mid-Atlantic and Southeast and brings an unparalleled level of passion and expertise to the business. With 10 years of commercial real estate experience, he has successfully represented private, high-net worth and institutional clientele in the successful disposition of industrial, office, retail and mixed-use assets totaling over $1.2 billion across 10 states. 

Prior to joining Colliers International, Mr. Williford was a Director at HFF in Denver, Colorado, one of the largest and most successful commercial real estate capital intermediaries serving the United States and Western Europe. Prior to joining HFF, Mr. Williford was a leasing broker with SullivanHayes focused on tenant and landlord representation, where he completed more than 500,000 square feet of lease transactions. 

View expert

Lee Cherwek

Vice President


Lee Cherwek has been in the Fredericksburg real estate market for over 10 years specializing in both landlord and tenant requirements in all sectors of the Fredericksburg real estate market. He has worked and gained valuable experience of all the different real estate sectors of the greater Fredericksburg market - office, industrial, land, retail and multifamily.

Previously, Lee worked for Fredericksburg’s largest multifamily developer. His experience brings a strong knowledge base of the real estate industry including development, construction management, asset management and underwriting. A graduate of the University of Colorado - Boulder, Lee is a native of Fredericksburg, Virginia. Over the years, Lee has built many significant relationships within the area and completed many transactions.

View expert