RESTON, VA-Penzance announced it has signed another30,000-square-foot lease at its Parkridge Center Four here--thistime with ScienceLogic. The lease follows on the heels a30,000-square-foot lease it signed with NetWitness in the same building.

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ScienceLogic will occupy the second floor and half of the thirdfloor. The move is a relocation for the company, but it alsorepresents positive absorption for the submarket, as it isexpanding four times their previous space.

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Parkridge Center Four is a six-story, 120,000-square-foot, classA building off the Dulles Toll Road at the corner of Hunter MillRoad and Sunrise Valley Drive in the Parkridge Center office park.The building is now 85% leased. Other tenants include Qwest,NetWitness, Avenity, GS5 and Logostech. Andy Klaff, JakeMcInerney and John Dettleff of Grubb & Ellis representedPenzance in the deal. Rich Rhodes, Russell Canard and Aaron Berkeyof CresaPartners repped ScienceLogic.

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Although they are few and far between, there are signs thatoccupancies in the outer suburbs are picking up. In nearby Herndon,Brandywine Realty Trust inked a total of 227,962 square feet at itsoffice building at 2291 Wood Oak Dr.

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