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IBM Leases 100,000-SF Office Building

RESTON, VA-Sunset Corporate Plaza welcomes new tenant IBM as the computer company leases the entire 100,000-sf office building. IBM committed to occupying the space, which is located in the Dulles Corridor near the Dulles International Airport, for a 10-year period.

By Barbra Murray | Updated on March 14, 2003

RESTON, VA-International Business Machines Corp.—more frequently known as IBM–has committed to taking nearly 100,000 sf in the Sunset Corporate Plaza. Financial details of the computer company’s lease are not available, but IBM did sign on to occupy the space for a 10-year period. Leasing rates for similar office properties in the area go for about $25.60 per-sf. Others involved in the deal include Trammell Crow Co, which represented the property’s owner, Principal Capital Management. Manekin LLC stood in for the tenant in the transaction.

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