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Construction Co. Renews Lease at JBG Cos.' McLean Office

McLEAN, VA--McLean is a relatively small, so retaining a lease of this size is a significant win for that submarket, says Transwestern's Bernie McKeever Jr.

By Erika Morphy | erikamorphy | | Updated on August 23, 2016
6862 Elm St. 6862 Elm St.

McLEAN, VA-Global construction company Contrack Watts renewed a 19,770-square-foot, long-term lease at 6862 Elm St., a 102,498-square fdoot boutique office building in downtown McLean, owned by JBG Cos. Transwestern Senior Vice President Bernie McKeever and Vice President Bernie McKeever Jr. represented Contrack Watts in the transaction. JBG Cos. was represented in-house by Vice President Andrea Murray and Associate Kaitlyn Rausse.

“We were able to save a substantial amount of money for Contrack Watts by renewing the lease two years early and leveraging the current market conditions in Tysons,” said McKeever, adding that McLean is a relatively small, so retaining a lease of this size is a significant win for that submarket.”

Contrack Watts has occupied the space since 2008. The lease renewal includes provisions for bathroom renovations, HVAC unit replacements and cosmetic updates such as fresh paint and carpets.

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