DULLES, VA-Raytheon Co. is taking 102,691 square feet in twoindustrial/flex buildings at 23010 and 23011 Ladbrook Dr. here. Thetwo buildings are located within the 340-acre,1.9-million-square-foot Northwoods flex/industrial park, adevelopment owned by Northwestern Mutual, Broad Street Equities andthe Ardent Co.

Raytheon will occupy one entire 70,173-square-foot building and32,518 square feet in the other. Transwestern’s CaulleyDeringer and Stephen Beggs represented the park’s owners. Raytheonwas represented by Bob Shue and Steve Burman of Jones LangLaSalle.

The Raytheon lease brings phase one of the Northwoodsproject--at 364,829 square feet--to two-thirds occupancy. Otherrecently completed leases at the park include Niitek, which leased43,803 square feet, and Kuehne & Nagel, Inc., which leased30,253 square feet in October 2009. Also, Ward North America leased64,539 square feet in May 2010 at 22300 Ladbrook Dr. Asking ratesat the complex range from $7.75 per square foot triple net to $9.75per square foot triple net.