Colliers International recently announced the Peninsula office is relocating to Building 700 @ Tech Center Research Park, a 1,534-square-foot lease.
Building 700 @ Tech Center Research Park opened in August 2019 and was 94% leased at the time. The 81,600-square-foot building is the first of 10 planned for the 50-acre research park located at the intersection of Jefferson Avenue and Tech Center Parkway and adjacent to Jefferson Lab in Newport News. Construction on the second building is scheduled to begin this spring.
Tech Center Research Park, developed by W. M. Jordan Company and Virginia Tech along with the City of Newport News, is part of a larger campus including Marketplace at Tech Center, with 250,000 square feet of retail and restaurants, and Venture Apartments Tech Center, a 300,000 square-foot multifamily residential community.