Construction on Office Building to be Completed in February

Construction on the office building at the corner of Kingstowne Boulevard and South Van Dorn Street will be completed by March 1, said broker for the property David Stoudt of Jones Lang LaSalle.

The space is 110,000 sq. ft. and is owned by the Halle Company, which also owns parts of Kingstowne Towne Center. Stoudt said 5,000 sq. ft. is for potential retail space on the ground floor of the property.

Work on the individual spaces inside the building have not been completed. As of Tuesday afternoon, no leases were signed for the space but LeSalle has received many inquiries.

Stoudt said many of the inquiries about the property are from governmental agencies, and the questions surrounding sequestration could be the reason those prospects haven't finalized their decisions to lease the office space.

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