CORNERSTONE REAL ESTATE ADVISERS TAPS TRANSWESTERN FOR 492,000 SQUARE FOOT LEASING & MANAGEMENT ASSIGNMENT
October 06, 2011
Transwestern today announced that it has been retained by Cornerstone Real Estate Advisers to provide leasing and management services for Chevy Chase Plaza located at 5301 Wisconsin Avenue, Washington, D.C. and management services for Reston Arboretum located at 2235 & 2245 Monroe Street, Reston, Virginia.
Transwestern’s Joe Michel, Scott Russi and Todd Wilson will be the office leasing agents for 5301 Wisconsin Avenue.
Chevy Chase Plaza is a 163,405 square foot Class-A office building located in the heart of Friendship Heights, an ideal location, providing excellent proximity to both the Washington, DC and Bethesda/Chevy Chase markets. The corner, freestanding building provides an incredible window-line and excellent access to METRO’s Friendship Height’s Red Line station.
Located along a shopping and dining corridor that includes such merchants as Neiman Marcus, Saks Fifth Avenue- Men’s Store, Bloomingdales, William-Sonoma, J.Crew, Whole Foods, P.F. Chang’s, The Capital Grille, Maggiano’s and countless others, 5301 Wisconsin Avenue provides a wealth of amenities to its tenants.
Current tenants of 5301 Wisconsin Avenue include Boies, Schiller & Flexner LLP, Creative Associates International, Inc., and Wells Fargo Advisors, LLC.
Reston Arboretum, consisting of 2235 and 2245 Monroe Street is located in the submarket of Reston, Virginia. The two Class-A office buildings total 372,985 square feet (166,626 & 161,359 respectfully) and are fully occupied by BAE Systems. The property is less than ten miles from Washington Dulles International Airport and provides easy access to the Dulles Toll Road (Route 267).
ABOUT TRANSWESTERN Transwestern is a national, privately-held operating company specializing in commercial real estate services, investment and development. The firm’s fully integrated approach delivers value to owners, investors and users of commercial real estate through innovation, penetrating market intelligence and legendary service delivered by teams of local experts. Transwestern has product specialties in office, industrial, retail, multifamily and healthcare and is an industry leader in sustainability solutions and in market research through its affiliate, Delta Associates.
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