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ROSSLYN, VA-Monday Properties has tapped CBRE to serve as the exclusive co-brokerage leasing team for 1812 N. Moore St., a LEED Platinum-designed building under construction here. The CBRE team, based both in McLean, VA and Washington, DC, are Malcolm Schweiker, Ed Clark and Mark Klug. Monday EVP Tim Helmig and the company’s in-house leasing team will also work on the assignment.
Ground has broken on the building, which Monday is developing on spec. “Currently it’s three floors above grade,” Anthony Westreich, president and chief executive officer, tells GlobeSt.com. In addition, “we’ve been in deep discussions with many tenants about leasing and preleases.” These companies are a cross section of industries, from legal and financial services to government contractors, he says.
The 35-story, 580,000-square-foot trophy office building will deliver in Q4 of 2013. Features will include a two-story, through block main lobby with double-height ceilings as well as on-site access to the Rosslyn Metro Station.
The asset is part of the portfolio in which Goldman Sachs acquired a stake last year for $1.25 billion. The acquisition price, Westreich said at the time, took into account the development upside in the 3.2-million-square-foot portfolio—including 1812 North Moore St. Last week, Starwood Property Trust co-originated a $238-million loan package for this portfolio.
Monday began development on the $300-million building in Fall of 2010, after kicking in $30 million of its own money to get the project moving.
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