WASHINGTON, DC—Should there be any doubt that MRP Realty is an active firm, dual announcements from the company should put that eronous notion to rest. Besides placing Bethesda Crossing on the market for sale—after investment $25 million in the building's repositioning—MRP has also debuted, with its partner Rockpoint Group, Tysons Overlook.
The office tower, which is located at 7940 Jones Branch Dr. in Tysons Corner, is an 11-story, 308,000 square foot Class A office on corner of the newly-constructed Jones Branch Drive/HOT Lanes and Jones Branch Connector Road intersection.
MRP and Rockpoint structured a presale to LMI, a government-consulting firm currently based in McLean, Va., which will be primary tenant.
LMI will occupy the first six floors as co-owners of the property.
Tysons Corner is commanding a premium due to the Silver Line, noted MRP Realty's Bob Murphy in a prepared statement.
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