News & Press

June 24, 2010

Justice Departments Office HQ in DC Trades for $305 Million

Northwestern Mutual completed its purchase of Two Constitution Square in Washington, DC, from Bethesda, MD-based StonebridgeCarras and Walton Street of Chicago for $305 million, or approximately $518 per square foot.
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June 24, 2010

Northwestern Mutual Buys Two Constitution Square for $305M

The Northwestern Mutual Life Insurance Co. has closed on a deal to buy StonebridgeCarras LLC and Walton Street Capital LLC's Two Constitution Square for $305 million.
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June 1, 2010

For The Cause

Today is the final day to donate online to Susan Sonley's fundraising team for the Susan G. Komen Global Race for the Cure. A breast cancer survivor, Susan has been the event's top fundraiser over the past 11 years, bringing in more than $700,000 to advance education and treatment of the disease.
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March 31, 2010

Booz Allen Hamilton Inks 112,078 SF Lease at Dulles Overlook

Cambridge Property Group LLC, on behalf of UBS Global Asset Management, recently announced that Booz Allen Hamilton, Inc. has signed a lease to take the balance of the available space at Dulles Overlook, 575 Herndon Parkway in Herndon, Virginia.
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March 31, 2010

Booz Allen Takes 142,100 SF in DC, VA

Booz Allen Hamilton Inc. secured two office leases totaling 142,073 square feet in the Washington, DC, market. In the biggest deal, the consulting firm signed for 112,078 square feet at Dulles Overlook at 575 Herndon Parkway in Herndon, VA.
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March 31, 2010

Booz Allen Leases Space in Northern Virginia

McLean-based Booz Allen Hamilton Inc., which has been on a recent leasing frenzy in the D.C. area, just signed a 112,078 square foot deak in Herndon. The government consultant will occupy 82 percent of the five-story, 135,376 square foot building at 575 Herndon Parkway. The Class A building, also known as Dulles Overlook, is owned by an investment fund advised by the U.S. real estate business of UBS Global Asset Management. The building was erected in the late 1980's and last traded in 2005 for $29.2 million, according to Fairfax County assessment records.
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March 31, 2010

Hurray for Herndon

Late yesterday, Cambridge Property Group announced that dear, wonderful space gobbler-upper Booz Allen is taking 112k SF at Dulles Overlook on Herndon Parkway.
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March 31, 2010

Booz Allen Hamilton Signs Lease Near Future Herndon Metro Site

Booz Allen Hamilton, Inc., has signed a lease for the remaining available space at Dulles Overlook, 575 Herndon Parkway, in Herndon. The property is adjacent to the future Herndon-Monroe Metro station, scheduled to be completed by 2016. The deal preserves the building owner's ability to redevelop the site when the new Metro station is completed.
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March 30, 2010

Booz Allen Hamilton, Inc. Signs 112,078 Square Foot Lease at Dulles Overlook

Cambridge Property Group LLC, on behalf of UBS Global Asset Management, is pleased to announce that Booz Allen Hamilton, Inc. has signed a lease to take the balance of the available space at Dulles Overlook, 575 Herndon Parkway in Herndon, Virginia. Dulles Overlook, is a five story, 135,376-square-foot building owned by an investment fund advised by the US real estate business of UBS Global Asset Management. Booz Allen Hamilton, Inc. will take possession of 112,078 rentable square feet representing eighty-two percent (82%) of the building. The property is adjacent to the Herndon/Monroe Metro Station, which is scheduled to be completed by 2016, and this transaction affords ownership with an exceptionally creditworthy tenant in Booz Allen Hamilton, Inc. while preserving ownership’s ability to redevelop the site when the new station is completed.
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