BETHESDA, MD-The Association for Financial Professionals has signed a lease for 28,468 sf at 4520 East-West Hwy. here. Its lease at 7315 Wisconsin Ave. was set to expire in March 2007. Under the 10-year lease, AFP will occupy the entire top floor and part of the seventh floor of Bethesda Office Center in December.

AFP moved to the new site because it offered a competitive rental rate, a tenant improvement allowance and an initial period of rental abatement, according to Studley, whose Washington, DC office represented AFP. Other details of the lease were not released.

Studley senior managing director Gary Stein and assistant director Nicole Miller worked the deal. Lincoln Property Group’s Mark Glagola and Merrill Turnbull represented the owner.

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?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

GlobeSt

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

Copyright © 2024 ALM Global, LLC. All Rights Reserved.