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The Rockwell Collins at Transdulles development is located five minutes north of Dulles International Airport in one of Metro DC's growing submarkets.
New Boston acquired approximately 23 acres of land as part of the purchase of an existing Class-A office portfolio and was able to secure land entitlements and market the site for pre-leasing or build-to-suit. Ultimately, New Boston won a competitive bidding process to develop a build-to-suit on 18 acres with Rockwell Collins, a Fortune 500 company with an A credit rating engaged in the production of aviation electronics and simulators. The property will serve as the headquarters and office and manufacturing facility for the company's flight simulator services.
New Boston negotiated a 10.5 year NNN lease for the entire building with the potential to expand by an additional 26,000 SF, and broke ground on the 179,000 SF office, laboratory and assembly building in September 2010. The building was completed on time and under budget in October 2011, the same time as Rockwell Collins began to occupy the building. The building covers 12.6 of the 18 acres allowing for future expansion of the facility or further development.