For Time Warner, the deal represents an expansion in the area, as the company already occupies space in the 132,000-sf Northridge II located next door at 13241 Woodland Park Rd. The details of Time Warner's lease agreement with property owner Equity Office were unavailable. However, space at Northridge I is marketed through Equity Office director of leasing Jackie Connell at approximately $25 per sf. Time Warner was represented by CB Richard Ellis's Meredith LaPier.

"After conducting an extensive survey of the market, Northridge I provided an ideal floor plate, an abundance of amenities, and a responsive ownership, all of which were important to Time Warner Cable," LaPier says. The building, developed in 1988, is near Reston Town Center and WorldGate Shopping Center and Washington-Dulles International Airport.