Colliers Fully Leases Austin Ridge Logistics Center in Stafford County for NorthPoint

Colliers Represents NorthPoint Development in Full Lease-Up of VA Industrial Park
CRE Market Beat Take
Full lease-up of a large, newly delivered logistics park in Stafford County reinforces depth of industrial tenant demand along the I-95 corridor and supports investor conviction in Class A product there.

Colliers has completed the full lease-up of Austin Ridge Logistics Center on behalf of NorthPoint Development, bringing the newly delivered, two-building industrial park in Stafford County, Virginia, to 100% occupancy. The assignment covered a brand-new logistics project positioned along the I-95 corridor, where the brokerage team has now secured tenants for all available space.

The leasing outcome underscores sustained demand for modern industrial and logistics facilities in Stafford County, a location that serves users looking to access both the Washington, D.C. and Richmond markets. By reaching full occupancy shortly after delivery, Austin Ridge Logistics Center demonstrates how users are prioritizing high-quality space with efficient transportation connectivity in this stretch of the I-95 corridor.

Austin Ridge Logistics Center totals 692,155 square feet of industrial space across two buildings. The project is described as Class A and is noted for its strong highway access, which has been a key factor in attracting logistics and industrial users. With the park now fully leased, there is no remaining vacancy at the property.

NorthPoint Development is credited with developing the project, which Colliers describes as combining high-end industrial facilities with direct access to major transportation routes. That combination has resonated with occupiers, as evidenced by the rapid lease-up and the lack of remaining available space within the park.

The Colliers team responsible for the leasing effort includes brokers John Lesinski, Ben Luke, Clay Ellis, Lee Cherwek, Rich McDaniel and Wood Thornton. Working together on behalf of NorthPoint Development, this team guided the property from initial delivery to full occupancy, handling negotiations for all leases across the two-building campus.

Participants in the assignment point to the successful lease-up as further indication that Stafford County is emerging as an important industrial node between Washington, D.C. and Richmond. The performance of Austin Ridge Logistics Center illustrates how a newly delivered, Class A logistics park with interstate access can capture occupier demand in a corridor where users seek to serve multiple major markets from a single, strategically positioned location.

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