Located at 1701 Duke at Edmonson Plaza, asking rates for the five-story, 115,000-square-foot office building are $33 per square foot, triple net, Stouffer says.Last year, http://www.globest.com/news/1340_1340/washington/176692-1.htmlthe Council on Social Work Education signed a lease to occupy 13,859 square feet at building. At the end of last year, the Burgess Group signed on to occupy 16,000 square feet. Most recently, accounting firm Kearney & Co. said it was relocating and expanding its headquarters -- moving from its 20,000-square-foot home in the nearby Park Center development to 38,000 square feet at the Edmonson Plaza.

Kearney was represented in that transaction by Jude Collins of Cushman & Wakefield Stouffer attributes the interest in the building to the fact that it is the first in Alexandria in ten years to deliver within a block of the King Street metro station. It is also the first in Old Town with a full height glass curtain wall, he adds.

Edmonson Plaza also has historical significance: it commemorates the Civil War era life stories of Emily and Mary Edmonson who were held at1707 Duke St., after the two sisters were captured attempting to flee North.Eventually emancipated from slavery, their experiences served as the basis for several of the characters in Harriet Beecher Stowe's novel, "Uncle Tom's Cabin".

NOT FOR REPRINT

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

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.