Catherine Jones of the Washington, DC office of UGL Equisrepresented InScope during its year-long search. Cresa Partner'sRich Rhodes represented Triple Canopy. In both deals, BrookfieldProperties was represented by Peter Burke, Dave Millard and JohnHenschel at Cushman & Wakefield.
Meyer tells GlobeSt.com that the Reston market is slowlyimproving as space that delivered over the last four years beginsto lease up. "We will really start to benefit once demand upticksand the supply on the market has been filled." He thinks thattipping point will occur this year and into next.
Two Reston Crescent is one of two buildings in a 36-acrecomplex. One Reston Crescent, which delivered in 2000, is fullyleased to Sprint Nextel. These deals follow the 63,000-square-foottransaction Brookfield Corp. signed with Lafarge North Americalast September.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
