When you’re a forerunner in the real estate industry, you not only know the trends—you set them. Applying our knowledge and resources on the pulse of the D.C. real estate market allows us to respond quickly—making headlines—but more importantly, generating results.
Washington, D.C., (November 8, 2012) – Lincoln Property Company is pleased to announce the recent lease of 27,594 sq. ft. by The Atlantic Council of the United States at The Executive Building, located at 1030 – 15th Street, NW. The building is owned by Invesco’s Core Fund and managed by Lincoln Property Company, with 82,779 sq. ft. remaining on multiple floors. This transaction was handled for the owner by John Benziger, Ed Gilpin and Adam Biberaj of Lincoln Property Company; Kurt Haglund and Dan Sheridan of Jones Lang LaSalle represented the tenant.
Lincoln Property Company is pleased to announce the sale of 1539 7th Street, N.W. in Washington’s Shaw District, for $852,000. Merrill Turnbull and Adam Biberaj of Lincoln Property Company represented the seller, 1539 7th Street LLC, in the sale of the property to Fundrise 1539 7th Street LLC.
Lincoln Property Company is pleased to announce the leasing assignment for Shady Grove Plaza on behalf of Meritage Properties and Ivy Realty. Merrill Turnbull and Brent Prossner of Lincoln Property Company will be representing the building’s ownership.
Lincoln Property Company is pleased to announce a leasing transaction of 11,224 square feet by Fairfax Pediatric Associates at Greenbriar Corporate Center (13135 Lee Jackson Highway) in Fairfax,Virginia.
Lincoln Property Company is pleased to announce a five-year lease renewal for 82,901 sq. ft. at 1910 Park 100 Drive in Glen Burnie, MD by Mohawk Industries, a supplier of residential and commercial flooring products. Merrill Turnbull and Paul Danko, both of Lincoln Property Company, represent Invesco, the building’s owner. Toby Mink and William Pellington of CBRE represented Mohawk. The industrial building totals 187,200 sq. ft. in the Park 100 Industrial Park. The remaining 104,000 square feet is currently available for lease.
Lincoln Property Company is pleased to announce the lease renewal and expansion by PartsChannel Inc. at 10650 Riggs Hill Road in Jessup, MD. Merrill Turnbull and Paul Danko of Lincoln Property Company represented Invesco, the building's ownership, in securing an expansion by PartsChannel of 25,160 sq. ft. in addition to their 33,550-sq.ft. lease renewal, bringing PartsChannel’s total square footage leased to 58,710 sq.ft.
Lincoln Property Company is pleased to announce three additional leases at The Atrium at Rock Spring Park, a three-story, 235,417-square-foot building located at 10401 Fernwood Road in Bethesda, MD. Merrill Turnbull of Lincoln Property Company represented the building's ownership in securing a direct lease of 57,604 sq. ft. to the National Institute of Allergy and Infectious Diseases (NIAID). Turnbull and Brent Prossner of Lincoln Property also represented the building’s ownership in a renewal of 15,558 sq. ft. by SAIC, and 22,749 sq.ft. by SRA International, Inc.
The flagship downtown building at 101 Constitution Avenue, NW, Washington, D.C., managed by Lincoln Property Company has achieved LEED Existing Building O&M (Operations and Maintenance) Silver certification.
Elaine Clancy, formerly the director of leasing for the National Capitol Region at the General Services Administration, has joined Lincoln Property Company. Ms. Clancy will be based in the Washington, DC office and will lead a national team focused on providing services to federal, state or local government agencies or to landlords with those tenants in their buildings.