Cybersecurity company occupies space in 208,000 square foot Monument II building

EDGE Commercial Real Estate has brokered a lease with Forcepoint Federal for 46,397 square feet of space within 12950 Worldgate Drive, an eight-story, 208,000 square foot office tower located in Herndon, Virginia. The building, also referred to as Monument II, is a project of Washington REIT. Scott D. Rabin, Partner and Regional Director at EDGE Commercial Real Estate and Todd McManus, Vice President, EDGE Commercial Real Estate represented the tenant and Nate Krill and Will Harrison of Avison Young represented the tenant in this transaction.

Headquartered in Austin, Texas, Forcepoint is a global cybersecurity company owned by defense contract Raytheon and private equity firm Vista Equity Partners. The primary focus of the organization is to develop and market specialized software designed to eliminate the opportunity for employees to gain access to confidential information or to view inappropriate content.

Situated within the Worldgate Centre mixed-use business community, Monument II features roadside visibility from the Dulles Toll Road and is approximately four miles from Dulles International Airport. On-site amenities include a covered parking garage, an assortment of sit-down and fast-casual restaurant options, a full-service hotel and a Sport & Health fitness facility.

“The extremely large concentration of high-quality businesses contained within the Herndon, Dulles, Reston, Chantilly and Sterling sub-markets, each of which is accessed via a modern transportation network, makes this building the perfect choice for Forcepoint,” explained Scott Rabin of EDGE Commercial Real Estate. “This location is also convenient for the company’s many clients associated with the Federal Government, with offices throughout the greater metropolitan Washington, D.C. region. Monument II is an extremely high-profile building that matches the integrity and professionalism of Forcepoint.”

EDGE Commercial Real Estate 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 Maryland, Virginia, Washington, D.C. and Pittsburgh, PA. Visit www.edgecre.com