HERNDON, VA-Booz Allen Hamilton Inc. has decided to lay the groundwork for expansion by securing spacious new 242,000-sf digs at One Dulles Tower, a 405,000-sf property in the Woodland Office Park. The international consulting concern signed a long-term lease with property owner Corporate Office Properties Trust, which acquired the class A structure last year for $71.2 million. “One Dulles Tower provides the opportunity for Booz Allen Hamilton Inc. to be located in a high-profile building with great access to the Dulles Toll Road,” COPT president and COO Randall M. Griffin notes.

Development of One Dulles Tower, once known as Waterview I, reached completion in early 2002. Located just three miles from the Washington Dulles International Airport at 13200 Woodland Park Dr., the 13-story tower–which is accentuated by an adjacent parking 1,575-space parking facility–has been fully leased to VeriSign Inc. The Internet and telecommunications networks infrastructure services provider, whose lease agreement is not scheduled to expire until 2014, will relinquish part of its space to Booz Allen and relocate those displaced offices to other company sites.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.