Leasing investment bank signs off on relocation deal in Arlington
FBR & Co., a leasing investment bank serving the middle market, has leased 54,450 square feet of Class A office space at Arlington Tower in a move that will relocate 200 of its employees next year.
The company plans to move into its new space at 1300 N. 17th St. on or about Nov. 1, 2014. The company is currently located at 1001 N. 19th Street in Arlington.
Led by Executive Vice President Junius Tillery, a team from DTZ represented FBR in the transaction. DTZ said in a news release that proximity to Reagan National Airport and greater efficiency were key stipulations for the relocation.
Arlington Tower is a LEED-certified, 19-story, 361,991-square-foot, multi-tenant property that has recently undergone major renovation. Owned by Tishman Speyer, it offers three levels of below-grade parking and is located within minutes of the Rosslyn Metro station.