Cafferty was founded in January 1984 by Thomas D. Cafferty and Donald E. Perry, with offices in McLean and Virginia Beach, Virginia. Cafferty was formed under the name of Continental Development Corporation. Cafferty delivered its first development at 6441 General Green Way in Alexandria, Virginia, a 51,000 square foot build-to-suit for Baxter International.
8100 Gatehouse Road in Falls Church, Virginia was acquired in 1984 and renovated for Computer Sciences Corporation/CSC. Projects from Don Perry's portfolio including the 300,000 square foot GE Medical Systems building in Milwaukee, Wisconsin and 15+ buildings in other Midwestern and Southeastern States. Cafferty's investment capital was secured from a group of Baltimore Investors and former CBRE colleagues, who invested in multiple Cafferty properties.
Cafferty developed build-to-suits for MEI at 1893 Preston White Drive in Reston, Virginia, GTE at 11150 Sunset Hills Road in Reston and Pracon, REED Elsevier at 1800 Robert Fulton Drive.
20+ projects were developed by Cafferty in Washington, D.C., Tidewater and other markets, including retail, industrial and office developments. Major build-to-suit developments include 5301 Shawnee Road in Alexandria, Virginia constructed in 1987 for Boeing with Data Center and SCIF upgrades. FedEx and other build-to-suit developments were also completed in the Tidewater, Virginia market.
4250 Pleasant Valley Road in Chantilly, Virginia was delivered as a 95,000 square foot build-to-suit development for Virginia Packaging & Supply Company.
6432 General Green Way in Alexandria, Virginia was delivered as a build-to-suit Data Center/office development for the National Bank of Washington/ NBW. Three build-to-suit office buildings were also completed for Allstate Insurance Company in Columbia, Baltimore and Clarksburg, Maryland.
Cafferty renovated 4250 Pleasant Valley Road in Chantilly, Virginia for Oberthur Technologies, who recently extended their Lease to 2017.
Cafferty re-Tenanted and renovated 6432 General Green Way for the U.S. Securities and Exchange Commission, who establishes the EDGAR Data Center and the SEC's Operations Center in the 147,242 square foot, Data Center/office building. The SEC Lease has been extended twice to 2014 representing 23 years of SEC operations served by our portfolio in three Cafferty buildings.
Asset Management relationship established with General American Life Insurance Company of St. Louis, Missouri, now Metropolitan Life Insurance Company/MetLife on eight properties in four states representing $200MM of asset values, repositioned, renovated, leased, managed and sold for General American thru 1998.
Cafferty leased 6441 General Green Way to the SEC, expanding the SEC-Cafferty relationship.
Cafferty Construction Services was formed to provide Construction
Management and development services for third party projects such as
INTUIT’s 60,000 square foot, build-to-suit fee development office building in
Fredericksburg, Virginia and multiple projects, including the 26,000 square
foot Operations Center developed in 2001 for The Middleburg Bank in
Leesburg, Virginia.
ACS/Lockheed Martin selected Cafferty to develop a 47,000 square foot
office/Data Center/SCIF building at 5290 Shawnee Road on a build-to-suit basis in
Alexandria, Virginia.
ACS/Lockheed Martin selects Cafferty for a second build-to-suit 37,000
square foot office building at 5270 Shawnee Road in Alexandria, Virginia. Fairfax County awarded its Conversation and Environmental Awareness Award for the development of 5270 Shawnee Road in concert with the adjoining parkland owned by Fairfax County.
Office Depot selects 6304 Woodside Court in Columbia, Maryland for its Mid-
Atlantic Regional Offices. The Office Depot Lease was extended thru 2015
and the building was renovated in 2010 by Cafferty Construction Services.
Cafferty sold Stoneybrook Shopping Center in Newport News, Virginia and
consolidated the Portfolio focus on the Washington, D.C. markets.
The Investor Partners’ interests were acquired, consolidating 100% of the
Portfolio ownership with Thomas D. Cafferty controlled ownership entities.
Aggregate Investor/Partner returns exceeded 1,100% from Cafferty’s inception
in 1984 in 2007.
Cafferty renovated 6441 General Green Way for GSA-National Technical
Information Services/NTIS. 6441 General Green Way houses NTIS production
and distribution operations. Cafferty secured the Virginia Department of Environmental Quality/VDEQ’s approval of the completion the remediation of chlorinated solvents at 5321 Shawnee Road. The former ARC/SEQUA site represented the largest chlorinated solvent remediation in the history of Fairfax County.
Cafferty renovated 5301 Shawnee Road for GSA-NTIS's Headquarters and
2,500 square foot, Tier II Data Center. NTIS is a part of the Department of
Commerce. Cafferty Construction Services delivered 42,000 square feet of
office and Data Center space renovations in 68 days for GSA/NTIS.
$6MM+ renovation of 6432 General Green Way for the SEC, including SEC
offices and Data Center completed by deploying weekend and night
construction production. In January 2010 the SEC leases from Cafferty a third
building at 5301 Shawnee Road in Alexandria, Virginia.
Cafferty extends Leases for Roberts Home Medical at 8100 Gatehouse Road,
Oberthur Technologies at 4250 Pleasant Valley Road and the SEC at 6432
General Green Way.
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