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HERNDON, VA-Brandywine Realty Trust scored a coup this week with a 195,000-sf lease it signed with Time Warner Cable for 195,000 sf in a $79 million office building it delivered last year. Time Warner plans to relocate staff from several locations in Northern Virginia in its new space as part of its separation from its parent company, Time Warner Inc.–a $10.9 billion transaction that is having ripple affects in many segments of the economy including local real estate.

Time Warner Cable was represented by Meredith LaPier and Brad Davis of CBRE’s Northern Virginia office. Rob Faktorow, Terry Reiley, and Dan Falls also of CBRE, repped for Brandywine. Janet Davis and Mike Cooper, both senior vice presidents at Brandywine, also worked on the transaction.

South Lake at Dulles Corner, a 268,240-sf, 10-story office building located at the intersection of the Dulles Access and Toll Road and Route 28, the office had been empty until now, Brandywine CFO Howard Sipzner tells GlobeSt.com. About 25% of the building still remains to be leased, he says, but the firm is waiting to see if Time Warner Cable might expand incrementally. Asking rates for the building are in the mid $30s per sf.

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