ESI International Takes 45,000 SF in Arlington Gateway

ARLINGTON, VA-The new office structure known as Arlington Gateway has gotten a new tenant with project management and consulting firm ESI International’s recent signing of a lease for 45,000-sf of space in the building that sits at 901 N. Glebe Rd. Terms of the lease agreement are unavailable, but Jones Lang LaSalle, which tapped Mile Ellis to represent property owner JBG Cos. in the deal, tells GlobeSt.com that the asking rent at the new locale ranges from $35 to $38 per-sf.

“We helped ESI take advantage of current market conditions to exercise their lease termination options and relocate in a trophy building, while reducing occupancy costs by approximately 10 to 15%,” says Rich Rhodes of Cresa Partners. Rhodes and Cresa colleague Tom Birnbach represented ESI in the deal. One of ESI’s neighbors will be Nixon & Vanderhye PC, which has committed to nearly 51,600 sf of space in the building.