Advertisement

Header Utility Menu

  • Subscribe
  • Advertise
  • Contact Us
  • Events

LinkedIn Facebook Twitter Instagram Get Our App

  • Login

Virginia Business

Mobile Menu

  • Issues
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Startups
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • 2022 Virginia Business Political Roundtable
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Power Up Virginia 500
    • Buy an award plaque
    • Suggest execs for 2023

Advertisement

Header Primary Menu

  • Issues
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • Issues Archive
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Startups
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • 2022 Virginia Business Political Roundtable
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Power Up Virginia 500
    • Buy an award plaque
    • Suggest execs for 2023

Home News Regions Northern Virginia Department of Defense renews lease for 606,575 square feet in Alexandria

Department of Defense renews lease for 606,575 square feet in Alexandria

Published July 14, 2014 by Paula C. Squires

On behalf of the U.S. Department of Defense, the U.S. General Services Administration (GSA) has signed a lease renewal for 606,575 square feet at Hoffman Tower II in Alexandria.

“This is the largest lease in the Washington, D.C., region in 2014, and is one of the top five in the region in the last five years,” Brendan Owen, chairman of the Asset Services Group for Newmark Grubb Knight Frank (NGKF) said in a statement. He and NGKF Principal Scott Johnston represented the owner, The Hoffman Co., while CBRE represented the government.

“The Department of Defense has occupied the site for more than 30 years, and more recently has modernized the building, including energy efficiency upgrades,” said Owen.

Hoffman Tower II is part of Hoffman Town Center, an urban mixed-use development in central Alexandria, developed by The Hoffman Co. Located adjacent to the Eisenhower Avenue Metro Station and within three blocks of the U.S. Federal District Courthouse, Hoffman Town Center represents the potential for more than 5million square feet of office, retail and residential space on 54 acres.

The transaction comes after USAA Real Estate Co. purchased the two-acre development site for the new headquarters of the National Science Foundation (NSF), which signed a 704,571-square-foot, pre-construction lease last summer. Owen represented The Hoffman Co. in the land sale in April.

Other notable activity at Hoffman Town Center includes the recently renovated Hoffman Tower I. The Class A building recently completed a multi-million dollar renovation that preserved the concrete super-structure while  adding such amenities as a new façade, upgraded lobby, a tenant-only fitness center and conference center.

Owen also is marketing a multifamily parcel in the center known as Block 11, where grocer Harris Teeter has committed to the retail base of the proposed development. The new store is within walking distance of the three office buildings and will complement the Hoffman Town Center’s retail amenities.

“The opportunities are part of fulfilling Mr. Hoffman's original concept of creating a vibrant, self-sustaining and integrated community in Alexandria that is a hub of daytime and evening activity,” Owen said

Related Stories

Virginia Business logo

MicroPact signs lease for 41,690 square feet

MGM National Harbor unveils designs for suites at new casino resort

Virginia Business logo

Loudoun announces major mixed-use development along Silver Line

Rivana at Innovation Station will include apartments, office, retail, hotel

Trending

Dollar Tree CEO resigning; former Dollar General CEO to replace him

Norfolk’s MacArthur Center mall listed for sale

Rivers Casino Portsmouth opens to big crowds

Framatome CEO retiring; CFO to be promoted

Va. bill aims to reduce mental health stigma for health care workers

Sponsored Stories

In the New Year, Aim for Better Cybersecurity

4 innovative ways to create capacity

WHERE IS THE SUPPLY CHAIN WHEN YOU NEED IT?

P.A.I.N.T. Your Financial Mountain

5 Benefits of Treasury Management Services from Atlantic Union Bank

Blazing trails in the digital landscape

Advertisement

Advertisement

Trending

Dollar Tree CEO resigning; former Dollar General CEO to replace him

Norfolk’s MacArthur Center mall listed for sale

Rivers Casino Portsmouth opens to big crowds

Framatome CEO retiring; CFO to be promoted

Va. bill aims to reduce mental health stigma for health care workers

Sponsored Stories

In the New Year, Aim for Better Cybersecurity

4 innovative ways to create capacity

WHERE IS THE SUPPLY CHAIN WHEN YOU NEED IT?

P.A.I.N.T. Your Financial Mountain

5 Benefits of Treasury Management Services from Atlantic Union Bank

Blazing trails in the digital landscape

Get Virginia Business directly on your tablet or in your mailbox!

Subscribe to Virginia Business

Advertisement

Advertisement

Footer Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Footer Secondary Menu

  • Industries
  • Regions
  • Reports
  • Company News
  • Events

Sign Up For Our Newsletter

Sign Up

LinkedIn Facebook Twitter Instagram Get Our App

Privacy Policy Cookie Policy

Footer Utility Menu

Copyright © 2023 Virginia Business. All rights reserved.

Site Maintained by TechArk