Advance Realty Group owns the property and relied on representation from its Washington, DC senior vice president and regional managing director David Fisher. Martin Griffin of Grubb & Ellis and the Staubach Co.'s Jim Cahill also participated. Additional terms of the lease have not been revealed. Scheer Partners lists on its website the leasing rate per sf at the property as $21.50 per sf.
A class A facility, 8301 Professional Place is one of nine buildings Advance owns at Metro East. The two-story structure was recently renovated following former sole tenant Lucent Technologies' departure earlier this year. "The capital improvement program we put in place at this facility is a reflection of Advance's philosophy of creating the best possible facilities for our tenants--present and future," Fisher notes.
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