Washington, DC – Cassidy Turley announced today that two new tenants have signed leases totaling 77,192 square feet at Clarendon Square. Hobsons has signed a 12-year, 38,581 square foot lease, and Dynamics Research Corporation has signed a 7-year, 38,611 square foot lease. Clarendon Square is a 165,226 square foot mixed-use building located at 3033 Wilson Boulevard in Arlington, VA, with 149,006 square feet of office space and 16,220 square feet of retail space.
Hobsons is a premier global provider for K-12 and higher education that empowers education professionals to manage the entire student lifecycle including preparation, enrollment, retention, and advancement. Dynamics Research Corporation, headquartered in Andover, MA, is a leading provider of mission-critical technology management services and solutions for government programs.
Cassidy Turley’s Marty Almquist, Michael Altman, James Hunter, Phillip Thomas, Jr. and Scott Killie handle the leasing of the building for the owner, Phillips Development Corporation. Steve Schaumberg, Russell Canard and Aaron Berkey of CRESA Partners represented Hobsons. Brad Davis of CB Richard Ellis of Virginia, and Neil Schneider of McCall & Almy of Boston represented Dynamics Research Corporation.
“Both tenants chose this building because it is an amenity rich project that boasts recent renovations, a new fitness facility, direct access to the Clarendon Metro station, and over 70 retail shops within walking distance,” commented Marty Almquist, Senior Vice President with Cassidy Turley. “We are very pleased with the community’s response and confidence in our designs, evidenced by the 77,192 square feet of leases signed while the building is still under renovation.”
Clarendon Square is located on Wilson Boulevard, between Highland Street and Garfield Street, and has a high parking ratio of 2.5 stalls per 1,000 square feet of leased space. Recent renovations include a new main lobby, four new elevators, restrooms, and common areas, in addition to extensive HVAC upgrades. 71,814 square feet of office space remain available for lease.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with over 2,800 professionals in 60 offices nationwide. The firm completed transactions valued over $13 billion in 2009, manages over 427 million square feet on behalf of private, institutional and corporate clients and supports over 25,000 domestic corporate services locations. Cassidy Turley serves owners, investors and occupiers with a full spectrum of integrated commercial real estate services—including capital markets, corporate services, project leasing, property management, project and development services, and tenant representation. Outside of North America, Cassidy Turley has served the international needs of its clients since 1985. In 2010, the firm enhanced its global service delivery through its partnership with GVA. Please visit www.cassidyturley.com for more information about the company.