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ING Clarion awards CBRE exclusive leasing agency for Park Tower
CBRE’s Brokerage Services team in McLean, Virginia, was recently awarded the exclusive leasing agency for Park Tower. Owned by ING Clarion, Park Tower is a 335,000-sq.-ft. trophy building located at 2980 Fairview Park Drive in Falls Church, Virginia. The CBRE team of David Gast and Malcolm Schweiker recognized that the building was under-marketed and sought to proactively show ING Clarion the building’s potential. The team aggressively pursued the business by creating and executing a marketing plan that included rebranding the building and renaming it Park Tower. Each week, the team sent the owner a new marketing piece built on a concept of class, sophistication and elegance. ING Clarion was impressed with the team’s creative and tenacious approach and awarded CBRE the assignment.
CBRE awarded leasing agency for 700,000-sq.-ft. Regency Centers portfolio
Regency Centers recently awarded CBRE’s Washington, DC, Retail team—comprised of Michael Zacharia, Lance LJ Marine, Thomas Jackman and Wright Sigmund—the exclusive leasing agency for a 700,000-sq.-ft. portfolio, located throughout the Washington, DC, region. The portfolio consists of six high-profile grocery-anchored shopping centers, which offer anchor, inline and pad site availability. This is the first time the national REIT has awarded a major leasing assignment in the Washington, DC, region to a third-party commercial real estate services firm.
Piedmont Office Realty Trust Inc. appoints CBRE leasing agent for Piedmont Pointe I and II in Bethesda, MD
Piedmont Office Realty Trust Inc. recently appointed CBRE excusive leasing agent for Piedmont Pointe I and II in Bethesda, Maryland, the largest block of contiguous vacancy in the State of Maryland. The two-building newly constructed Class A complex—located at 6720-A and -B Rockledge Drive—totals 414,209 sq. ft. and is located in Rock Spring Park, home to Marriott and Lockheed Martin Corp.’s headquarters. Piedmont chose CBRE after a nearly two-year long aggressive pursuit that highlighted the firms dominate market experience and knowledge. Piedmont was looking to re-energize its leasing process and felt that CBRE was better acquainted with the Bethesda market than incumbent firm Jones Lang LaSalle. Piedmont purchased the complex in November 2007 from developer Opus East while the project was still under construction and fully vacant. The CBRE team—which consists of Dennis Owen, Ben Powell and Brad Wilner—is planning an aggressive marketing campaign to highlight the property’s new trophy construction, excellent amenities, prime location and opportunities for growth and expansion. Click here to visit the Website.
CBRE team awarded leasing assignment for 350,000-sq.-ft. facility in Bethesda, MD
Larry Thau and Brad Wilner of CBRE's Bethesda, Maryland office recently collaborated with Scott Russi of the Washington, DC office to secure the leasing assignment for Chevy Chase Pavilion at 5335 Wisconsin Avenue in Bethesda. The 350,000-sq.-ft. mixed-use facility offers a unique combination of office, retail and hospitality opportunities in close proximity to the Washington, DC, market. The CBRE team approached building owner ING Clarion about available space due to come online, and discussed the advantages of leveraging CBRE’s platform and the combined market knowledge of the Bethesda and Washington, DC, leasing teams. After six months of pursuing the business, CBRE was awarded the assignment and is currently marketing approximately 80,000 sq. ft. of office space.
CBRE Tysons Corner, VA, awarded exclusive sales and leasing assignment for 360-acre mixed-use project in Loudoun County, VA
CBRE’s Tysons Corner, Virginia, office was recently awarded the exclusive sales and leasing assignment for One Loudoun, a 360-acre mixed-use project in Loudoun County, Virginia. One Loudoun is being jointly developed by The Meridian Group and Miller & Smith as a park-like, pedestrian-friendly complex featuring 3 million sq. ft. of Class A office space, 700,000 sq. ft. of retail space and 1,040 residential units. Notably, One Loudoun will also be the home of the World Trade Center Dulles Airport. Construction of One Loudoun is already underway, and finished pad sites are expected to be delivered at the beginning of next year. The CBRE professionals responsible for securing this assignment are Jeff Roman, Erik McLaughlin, Carter Byrnes, John Ryan and Joe McDonnell.
CBRE’s Washington, DC office named exclusive leasing agent for 300 New Jersey Avenue, NW
CBRE’s Washington, DC office was recently awarded the exclusive leasing agency for 300 New Jersey Avenue, NW, the District of Columbia’s newest trophy office building. The 10-story, 255,000-sq.-ft. building is expected to come online during the second quarter of 2009. There is approximately 100,000 sq. ft. of space available on floors 7 through 10. The first five floors of the building have been leased to law firm Jones Day. World-renowned London architecture firm Richard Rogers Partnership (architects of the Pompideu Centre in Paris, Lloyds of London Corporate HQ in London, and Barajas Airport in Madrid) designed the building with floor-to-ceiling and wall-to-wall windows, which provide excellent views, and a 12,000-sq.-ft. glazed atrium that will connect the new building with two other existing buildings. CBRE Washington, DC’s Joe Michel and Scott Russi are the sales professionals handling the leasing assignment.
CBRE awarded leasing assignment for 7940 Jones Branch Drive in Tysons Corner, Virginia
CBRE was recently awarded the leasing assignment for a 530,000-sq.-ft. office building to be constructed at 7940 Jones Branch Drive in Tysons Corner, Virginia. Located adjacent to the world headquarters of Gannett/USA Today on a green campus setting, the reflective glass tower will be the tallest building in the Tysons Corner office market and a dramatic addition to the Northern Virginia skyline. The 24,000-sq.-ft. floor plates feature an angled wall line and floor-to-ceiling glass, creating stunning vantage points with views of the Washington Monument, National Cathedral and the Blue Ridge Mountains. The building will be designed to meet LEED Gold certification standards. MRP Realty, the real estate development and investment firm developing the project in partnership with Rockpoint Group, has appointed a multidisciplinary team of CBRE professionals to execute the assignment, including Rob Faktorow, Terry Reiley, Dominic Orfitelli, Scott Frankel, Lisa Stoddard and Tom Cleaver.
CBRE Washington, DC Investment Sales team awarded exclusive listing for Zarpas Portfolio
CBRE’s Washington, DC Investment Sales team has been retained as the exclusive advisor for the sale of the Zarpas Portfolio. The portfolio consists of 455,000 sq. ft. across 12 industrial/flex and retail properties located in Gaithersburg, Maryland; Alexandria, Virginia; and Annapolis, Maryland. The portfolio is currently 90% leased to a strong roster of tenants representing a diverse array of industries. Bruce Strasburg and Marc Rampulla are the CBRE professionals responsible for marketing the portfolio.
CBRE's Washington, DC office hired to find joint venture partner for Atlantic Realty
CBRE's Washington, DC Capital Markets group was recently selected by Atlantic Realty Companies to find a joint venture equity partner for Falls Church City Center, a one million-sq.-ft. mixed-use project located in the heart of Falls Church, Virginia. The sprawling development will span 8.7 acres and will be constructed in two phases, with completion expected in 2013. CBRE’s Rob Faktorow, Bruce Strasburg, Joe Donato, Matt Williams, Andy Boyer, Marc Rampulla and Tom Cleaver are the sales professionals marketing the property.
CBRE wins exclusive leasing assignment for Hamilton Square in Washington, DC
The CBRE Washington, DC team of Peter Connolly, Scott Russi and Joe Michel was recently awarded the exclusive leasing assignment for Hamilton Square, 600 14th Street, NW. Owned by Shorenstein Properties, Hamilton Square is a 246,000-sq.-ft. trophy asset located in the heart of the East End submarket in Washington, DC's old financial district. Hamilton Square will offer approximately 113,000 sq. ft. of available office space beginning in April 2009.
CBRE’s Washington, DC Investment Sales team retained as exclusive sales agent for Lakeview I & II
CBRE’s Washington, DC Investment Sales team was recently awarded the exclusive sales agency for Lakeview I & II on behalf of Principal Global Investors. Located in the Columbia office submarket in the heart of the Baltimore-Washington Corridor, the four buildings feature 215,345 sq. ft. of rentable space. The property is 96.6% leased to a strong credit tenancy, including Oracle, Aon and BBN Technologies.
Bethesda office wins exclusive listing for Capital Office Park building
The CBRE Bethesda, Maryland, office was recently named the exclusive leasing agent for Mack-Cali’s 167,000-sq.-ft. office building at 6406 Ivy Lane in Capital Office Park, a complex in Greenbelt, Maryland. In addition, the Bethesda office will market several build-to-suit sites offering 50,000 sq. ft. to 650,000 sq. ft. of office space within Capital Office Park. The complex is situated just 30 minutes from downtown Washington, DC, and Baltimore, and in close proximity to NASA, IRS and FDA headquarters, making it an attractive locale for government offices. The CBRE team responsible for securing the assignment includes Todd Bosley, Tim Jaeger, Dennis Owen and Ben Powell.
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