Michael W. Arvin joins New Era Partners as executive vice president of strategy and development, bringing more than 30 years of experience as a healthcare executive to the company.

The firm plans to implement renovation upgrades to the Greater Washington DC area office building.

The deal with Shell TechWorks is the first lease signing at the 230,000-square-foot office building that broke ground in June 2018.

Nuveen Real Estate has acquired the portfolio, which has 100 assets spread across 12 markets.