Thank you for sharing!

Your article was successfully shared with the contacts you provided.

VIENNA, VA-More changes have occurred at 1951 Kidwell Dr. and 1953 Gallows Rd., two office structures featuring a total 432,000 sf of class B+ space in the Tysons Corner submarket. The properties came under new ownership just one month ago–when Lowe Enterprises Investors and joint venture partners Minshall Stewart Properties and Blue Vista Sponsor Equity Fund purchased them from New Boston Fund Inc.–and now they have been appointed a new leasing team.

Mike Ellis, Herb Mansinne and Robert VeShancey of Jones Lang LaSalle’s leasing and management group have come onboard to handle the responsibilities for both structures, which have a current average occupancy level of 90% between them. Prior to the change in ownership, McShea & Co. had handled the responsibilities.

Situated within a couple of blocks of each other off the Capital Beltway and near the two million-sf Tysons Corner Center shopping mall, both are seven miles outside of Washington, DC. Built in 1981 and renovated 15 years later, 1951 Kidwell offers 176,000 sf of space, while the 22-year-old 1953 Gallows features 256,000 sf. Tenants of the two eight-story structures include ManTech Gray Hawk Systems Inc., SAIC, Indus Corp. and LA Associates.

“These are solid mid-rise office buildings in a market that continues to show strong improvement in demand for space,” Lowe senior vice president and asset manager Harmar Thompson says. Jones Lang LaSalle is marketing space at 1951 Kidwell for $28 per sf, and the space at 1953 Gallows is being offered at $27 to $28 per sf.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.