EDGE Commercial has assisted DocASAP with an expansion and extension of their lease for 8,609 square feet of space within 560 Herndon Parkway, a three-story, 50,570 square footcommercial office building in Herndon, Virginia owned and managed by PS Business Parks. Scott Mendelson, Partner and Chief Development Officer, and Marc Balamaci, Partner, represented the tenant and Adam Spector, Leasing Director at PS Business Parks represented the landlord in this transaction.
DocASAP, a technology company operating within the medical and healthcare industries, recently relocated its corporate headquarters and growing employee base to this building overlooking VA Route 267 (Dulles Toll Road). DocASAP developed and markets a platform designed to simplify patient engagement with healthcare providers, including locating appropriate providers, making appointments and assisting with the payment process. Founded in 2012, the company’s mission is focused on simplifying the physician selection process, reducing appointment wait times and saving money.
The 560 Herndon Parkway building is part of a seven-building commercial office portfolio consisting of nearly 250,000 square feet of space in Fairfax County. It is located directly adjacent to the proposed Herndon-Monroe Metro Station and is within close proximity to multiple amenities including Reston Town Center. In addition, downtown Herndon is less than two miles away.
“560 Herndon Parkway is a centrally-located building that matches the corporate culture and mission of DocASAP, a rapidly-growing company that is causing disruption in the healthcare industry to the benefit of patients,” stated Scott Mendelson of Edge. “This building works extremely well for the company based on its access to a skilled employment base with an emphasis on technology professionals, in addition to having proximity to major highway systems and a full complement of amenities including restaurants.”
Edge Commercial is a commercial real estate firm providing a full complement of advisory, leasing, investment sales, and management services to clients with real estate holdings throughout the Washington, D.C., Maryland and Northern Virginia marketplace. 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. Edge operates offices in Rockville, Maryland, Tysons Corner, Washington, D.C. and Pittsburgh, PA. Visit www.edgecre.com.