The 13-story structure is the fourth office property at the Corporate Office Centre at Tysons II, a five-million-sf, mixed-use project under development by Lerner Enterprises. Harvey-Cleary Builders is serving as the general contractor for the new office facility.

Joining the tenant roster are Declaration Management & Research LLC and investment banking firm Houlihan Lokey Howard & Zukin, both of which leased an entire floor for a total of 49,200 sf. Investment concern Red Zone Capital Management Co. LLC signed on for 12,100 sf. PricewaterhouseCoopers--which propelled the building's development with a lease commitment of 160,000 sf for its regional headquarters in early 2004, later increasing its take to 184,600 sf--took on an additional floor in the Kohn Pedersen Fox Associates-designed building for a total of about 209,000 sf. For previous coverage, click here.

Financial terms of the lease agreements with Diamond Property Co., which oversees Tysons II's office leasing, have not been disclosed. However, according to Cushman & Wakefield's Year-End 2005 MarketBeat Series report, the asking rate at 1800 Tysons was $43 per sf.

"The Corporate Office Centre at Tysons II continues to be the premier office development in the Washington Metropolitan area as evidenced by the ongoing demand for trophy, amenities-rich buildings," says Mark D. Lerner, a Lerner Enterprises principal. The average occupancy level among all of the office buildings at the complex is 99.6%.

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