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RESTON, VA-Tech company Cernium has taken 19,644 square feet in an office here, a deal that is part renewal and part expansion. The 76,000 square foot office, located at 1925 Isaac Newton Sq., is owned by Peter Lawrence Co. The building owner was represented by Cassidy & Pinkard Colliers’ Spencer Stouffer, Chris Lucey and Scott Goldberg. Jones Lang LaSalle’s Harry Klaff represented the tenant.

Cernium expanded its space by about 11,000 square feet, Stouffer tells GlobeSt.com. For the past several months, renewals were just about the only form of lease activity in the DC area market. That is still true, of course, however brokers are reporting a thaw of sorts, with renewals being inked along with expanded space. Cernium’s lease is a case in point, Stouffer says. This is the most active period in the market since the trough began in 2008, with deal velocity and activity picking up.

One caveat Stouffer says: it is only the quality buildings in well-located areas that are seeing an increase in traffic. This building qualifies: it is located near several amenities such as high end retail shops and restaurants at Reston Town Center and has immediate access to the Dulles Toll Road.

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