A spokesman for Washington-based Quadrangle says commercial real estate firm Grubb & Ellis Co. and law firm Venable, Baetjer and Howard LLP signed 10-year leases for a combined 62,000 sf of space.
The second phase of the project, begun in April, consists of two buildings reportedly 75% pre-leased.
The per-square-foot price on the leases was not revealed, but a source said rents in the McLean area are going from the mid-thirties to the mid-forties and those leases were at the low end of the range.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
