WASHINGTON, DC-Two tenants are taking a total of 77,192 square feet at Clarendon Square, a 165,226-square-foot office building located at 3033 Wilson Blvd. that was vacated last August when Arlington County left the space. The new tenants are Hobsons, which has signed a 12-year, 38,581-square-foot lease, and Dynamics Research Corporation, which has signed a seven-year, 38,611-square-foot commitment. 

After Arlington County left, the building owner, Phillips Development Corp., embarked on a major renovation, Cassidy Turley’s Marty Almquist tells GlobeSt.com. “They saw it as an opportunity to reposition the building to an A-minus class,” she says. The building also has 16,220 square feet of retail space, some of which is being vacated to make way for retail renovations.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.