Raytheon-owned Company Leases Monument II Building in Worldgate Centre

by Fatimah Waseem May 16, 2019 at 2:30 pm 0

Forcepoint Federal, a company owned by defense contractor Raytheon and private equity firm Vista Equity Partners, has signed a lease for the Monument II building on Worldgate Drive in Herndon.

The global security company will lease more than 46,000 square feet.

EDGE Commercial Real Estate, a commercial real estate firm, represented the landlord, Washington REIT, in the transaction. In a release, the company issued the following statement about the lease:

“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.”

Monument II is located in Worldgate Centre, which is located at 13025 Worldgate Drive.

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