Case Studies

Our staff is experienced in almost all market sectors including commercial, hospitality, healthcare, life science, private education, government, higher education and tenant improvements.

Brokerage

Southland Industries Manufacturing Facility | Prince George’s County, MD
Size/Type: 114,000-sf Industrial | Highlight: Verity assisted Southland in obtaining industrial space at the Brick Yard Business Park, Building J. Our real estate services included market analysis, site evaluation and selection, state economic incentives, lease negotiations, and construction management.
Ridgetop Circle | Sterling, VA
Size/Type: 60,000-sf Office Building | Highlight: Two separate clients with different uses, needs, and goals were represented by Verity in the deal. Verity’s non-traditional real estate approach focused on meeting the clients’ business needs that benefitted both parties and the seller.
Toll Brothers Realty | South Riding, VA 
Size/Type: 42,000-sf Class A Building | Highlight: As a result of Verity’s advisory services and proprietary market analysis, our client achieved 85% occupancy while competing with two other nearby Class A Buildings. The competition obtained less than 15% occupancy in the same time-frame.
Brookfield Residential Headquarter Relocation | Oakton, VA 
Size/Type: 
Office Building | Highlight: Verity conducted market studies and strategic needs analysis. We provided lease negotiation and cost modeling that combined leasing costs, construction build-out, furniture, and IT into the total cost of occupancy. Brookfield moved in ahead of schedule and under budget.
Intercell Smart Vaccines | Gaithersburg, MD
Size/Type:
Medical Office Building | Highlight: Verity's staff worked with Intercell throughout their entire business cycle performing tenant representation and construction management services. We assisted in structuring a sublease to prime lease that saved Intercell over $2.5 million over the remainder of its lease term.
Northern Virginia Periodontics | Falls Church, VA
Size/Type: Medical Office | Highlight: Verity built lease versus purchase models that compared cash flows and investment returns for numerous scenarios. Using this information, Verity negotiated with our tenant's landlord a lease renewal at a lower rental rate. This resulted in a 35% savings in occupancy cost for the practice.
DPR Construction | Falls Church, VA
Size/Type: Office Building | Highlight: Verity helped DPR develop a strategic 5-year plan that consisted of right-sizing their current centralized regional headquarters and satellite facilities. We successfully negotiated a lease renewal with less square footage at a discounted market rate on highly flexible terms.
Elvaria Manufacturing Facility | Gainesville, VA
Size/Type: 12,000-sf Warehouse | Highlight: After Verity analyzed multiple locations and lease versus purchase scenarios, we negotiated a favorable below-market purchase terms which closed within 90 days from engagement. Also, we provided construction management to build-out the facility within another 90 days.

 

Project Management

1244 South Capitol Street | Washington, DC 
Size/Type: 336,000-sf Mixed-Use Residential | Highlight: Verity is providing construction management services for this 13-story building next to Nationals Park. It includes 291 units, below-grade parking, retail, rooftop amenities, and a green roof.
West Half Street | Washington, DC 
Size/Type: 350,000-sf Mixed-Use | Highlight: Located near Nationals Park, this multi-family residential building includes 465 units with 65,000-sf of retail and restaurants on the ground floor, and rooftop amenities with a pool. Verity is performing comprehensive project management services.
The Collection | Chevy Chase, MD
Size/Type: 445,000-sf Mixed-Use Repositioning Project | Highlight: Project features include restaurant courts, walkable streetscapes, and outdoor amphitheater. Design and staged construction require phased implementation working to minimize disturbance of existing tenants.
FUJIFILM Diosynth Biotechnologies | Research Triangle Park, NC
Size/Type: 61,000-sf Bioprocessing Center | Highlight: The award-winning project is a three-story build-to-suit research and manufacturing facility. Services included complete site development management, BIM planning, and cost and quality control.
2525 Highway 55, Research Facility  | Durham, NC
Size/Type: 85,000-sf Repositioning Project | Highlight: The research facility renovation and repositioning project included new exterior upgrades, two-story lobby, shared conferencing, shared break area and balcony. Before the renovations were completed, the building was 89% leased.
Agricultural and Biotechnology Center | Research Triangle Park, NC
Size/Type: 60,000-sf Research Facility | Highlight: This two-story research greenhouse and laboratory facility includes Evaporative cooling, rainwater collection systems, head end laboratories, and mechanical and process material storage. Verity performed site development management, BIM planning, and cost and quality control.
Alexandria Center for Science & Ag Tech | Research Triangle Park, NC
Size/Type: 165,000-sf Laboratory/Office Facility | Highlight: Verity’s services included site development management, BIM planning, and cost and quality control. The building uses a flexible design to meet base building requirements that allows for future installation of laboratory HVAC equipment.
UNC Lineberger Comprehensive Cancer Center | Chapel Hill, NC
Size/Type: 2,600-sf Cell Therapy Center | Highlight: The project includes clinical laboratories, environmental rooms, six class-10,000-clean rooms, and support spaces. Verity’s services included preconstruction and construction management, BIM planning, and cost and quality control.
National Institute of Health, Center for Chemical Genomics Laboratory | Rockville, MD
Size/Type: 87,000-sf Laboratory | Highlight: This build-out project was accomplished using intensive BIM modeling. At times, minute-by-minute utility shutdown coordination was required to minimize disruption of ongoing cGMP operations of existing tenants. The project was constructed on schedule in 10 months.
Virginia Department of Forensic Science Northern Laboratory | Manassas, VA
Size/Type: 115,000-sf Laboratory | Highlight: As a highly successful PPEA public-private partnership development with the Commonwealth of VA, this project was delivered on time and under budget with project savings diverted directly back to the Commonwealth.
Experis Data Center | Winchester, VA
Size/Type: 80,000-sf Data Center | Highlight: An outdated, AT&T switching station was converted into an 80,000-sf co-location and disaster recovery data center. Build-out services included preconstruction and construction management and cost and quality control.
Science + Technology Park at Johns Hopkins | East Baltimore, MD
Size/Type: 258,000-sf Mixed-Use | Highlight: Verity personnel assisted with the planning, development, and marketing of this public-private research park, residential, and retail development. The project was delivered on time and under budget.

 

Investment Expertise

1821 Michael Faraday | Reston, VA
Size/Type: 54,000-sf Office | Highlight: Within 0.5 miles of Wiehle-Reston East Metro Station. Verity mobilized an investment team by leveraging existing relationships before the building was formally put on the market. At purchase, the property was 78% leased. Within six months, Verity raised occupancy to 95%.
OrthoVirginia | 13350 Franklin Farm Road, Herndon, VA
Size/Type: 24,000-sf Office and Ambulatory Surgery Center | Highlight: The deal included a lease renewal, with OrthoVirginia requiring the purchaser to fund construction upgrades. Verity’s medical construction experience contributed to lowering operating expenses by 12% and the tenant’s successful construction and move-in.
Industrial Flex Project | Manassas, VA
Size/Type: 80,000-sf Industrial | Highlight: Through direct marketing to only a qualified audience of purchasers, we were in negotiations with three prospects within 90 days and were under contract with favorable terms for the owner within four months—far exceeding our initial six-month goal.
Atlantic RealCom | Fairfax, VA
Size/Type: 28,000-sf Office | Highlight: After two years of marketing by another firm with no results, Verity analyzed the building's position and recommended changing the target market and marketing strategy. Verity was able to increase activity, which resulted in multiple offers and a profitable sales transaction for the owner.