February 12, 2013

Lincoln Property Company Secures Multiple Leases at 700 South Washington Street

Lincoln Property Company is pleased to announce several recent lease transactions at 700 South Washington Street in Alexandria, Virginia, on behalf of ASB Real Estate Investments.  The transactions include:

Monument Title Company (3,654 sf)
Bell Partners (3,084 sf)
John Marshall Bank (office space – 2,008 sf, plus a retail branch – 2,472 sf)
In addition, Campbell Wealth Management signed an expansion and extension agreement for a total of 4,981 square feet.

Chris Dyson, Eamon McCrann and Stoddie Nibley of Lincoln Property Company represented ASB in the transactions.

700 South Washington Street is located on the south end of Old Town Alexandria and was renovated in 2012.  Currently there are two spec suites being marketed on the second floor (1,892 sf and 2,265 sf).  In addition, the entire third floor (15,847 sf) is available for lease.

ASB Real Estate Investments, a division of ASB Capital Management, LLC, is an investment management firm with more than $3.5 billion in gross assets under management for approximately 180 institutional clients. Headquartered in Washington DC, ASB invests in major urban markets across the country, concentrating in office, multi-family, retail and industrial properties.

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