WASHINGTON, DC - Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Reinforced Earth has signed a 10-year lease for 24,707 square feet of office space at Reston Corner I, located at 12001 Sunrise Valley Drive in Reston, VA. Cassidy Turley’s Spencer Stouffer, Tim Summers, Scott Goldberg and Shaun Collins represented the building owner, Garrison Investment Group, and asset manager, FD Stonewater. The tenant was represented by Dan Kluegar and William Tidwell with Cresa.
“The addition of Reinforced Earth to Reston Corner I’s diverse tenant roster brings the building to 95 percent occupancy,” commented Spencer Stouffer, Senior Managing Director and Principal with Cassidy Turley. “This is a testament to the quality of the newly renovated building, which now offers tenants an on-site café, fitness center complete with yoga studio and personal training, and a conference facility with full audio/visual capabilities,” he continued.
“We are thrilled about the success that we have seen with the repositioning of Reston Corner I and excited to reintroduce Reston Corner II to the market before the year’s end,” commented Jeff Toporek, Principal of FD Stonewater. “Nearing completion, Reston Corner II will offer tenants a fully renovated lobby, restrooms, and common area upgrades throughout. Our leasing program will continue to offer options to tenants of all sizes, including our successful spec suites program for smaller tenants,” he continued.
eston Corner I and II are located within the 3-building, 305,000 square foot Reston Corner office campus at the corner of Reston Parkway and Sunrise Valley Drive. With 98,818 square feet, Reston Corner I has undergone recent renovations including contemporary new building and elevator lobbies, new elevator cabs, and the addition of a state-of-the-art fitness center and a tenant-exclusive conference center. Reston Corner II has 107,097 square feet and is currently under renovation. When complete, the building will include the same high quality finishes found at Reston Corner I.
Turley Cassidy Turley is a leading commercial real estate services provider with more than 3,600 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside of North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit http://www.cassidyturley.com/ for more information about Cassidy Turley.