The 12-buildings here include four office buildings, for a total of 355,000 sf, and eight flex-space buildings, for a total of 302,000 sf. The campus is adjacent to the Capital Beltway. A spokesperson for PS Business Parks says, "Based on market information, the company believes the property contains approximately 25% of the flex space under a single ownership in this submarket."
The company also announces it has expanded its executive ranks through the promotion of Maria Hawthorne to Divisional Officer for the Northern Virginia Division. She has had direct responsibility for property management, leasing and third party management for the Eastern Region for the last 12 years.
Also, the company has just completed the construction of a 144,000 sf flex space development. It is now 54% leased.
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