X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

RESTON, VA-Two deals inked here have taken 744,808 square feet off the market in recent days. The most recent transaction is a 523,482-square-foot lease by the Defense Intelligence Agency at Boston Properties’ Patriots Park here. Cassidy Turley’s Darian LeBlanc, Scott Killie, Allison Berry and Bisa Delgado represented Boston Properties. T.C. Hairston and Terry Reid at the GSA represented the government along with the CB Richard Ellis team of Henry Chapman and Leroy Battle.

When all was said and done, the 20-year deal closed at the mid $30s per square foot, LeBlanc tells GlobeSt.com. This lease had been out on the market for close to two years, he adds. The government agency selected this location because it met the new anti-terrorism building standards requirements and because of its proximity to the future Reston metro line.

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?

 

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
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.