Washington, D.C., August 15, 2012 - Lerner Enterprises, Washington, D.C.s largest private real estate developer, and The Tower Companies, the largest Green Builders in the nations capital, both of Rockville, Maryland, are pleased to announce that the law firm of Baker Hostetler has expanded their offices at Washington Square to 115,000 square feet occupying the entire 11th and 12th floors. This follows Baker Hostetlers lease extension and expansion at the building in 2010.
The award-winning, 1,000,000 square foot landmark office building is located at 1050 Connecticut Avenue at
L Street, NW, with immediate access to the Farragut North Metro Station in the heart of Washington's Central Business District. Washington Square (WashingtonSquareDC.com) was originally developed by Lerner and Tower in 1982 and recently completed a major $14 million dollar common area renovation.
We are very excited to have Baker Hostetler expand within Washington Square, stated Mark D. Lerner, a principal of Lerner Enterprises. We are proud that Washington Squares location, amenities and ownerships commitment to its tenants make it one of the most desired addresses in the Central Business District, he added.
Baker Hostetler (BakerLaw.com) was represented by Sherry A. Cushman of the Washington, D.C. office of CBRE and Washington Square was represented by Brian F. Tucker and Brian R. Raher of Cushman & Wakefield. Washington Square currently has 23,000 square feet available for immediate occupancy on the 10th floor, and 165,000 square feet available for occupancy in 2013.
Lerner Enterprises and The Tower Companies have collaborated on numerous landmark developments for over 40 years including: White Flint Mall, Washington Square, White Flint North, Beaumeade Corporate Park, Residence Inn by Marriott Dulles Airport @ Dulles 28 Centre, 2000 Tower Oaks Boulevard, Dulles 28 Centre and many other projects in the Washington, D.C. area.
About Lerner Enterprises
Lerner Enterprises (Lerner.com) of Rockville, Maryland, is proud to celebrate its 60th year of business. Founded by Theodore N. Lerner in 1952, Lerner is Washington, D.C.'s largest private real estate developer and is involved in all phases of commercial, residential, retail, hotel and mixed-use real estate. This includes planning, development, construction, leasing and asset and property management. Lerner has developed and currently manages more than 20 million square feet of office buildings, retail centers and residential communities. Lerner's office portfolio is comprised of many well-known developments including: The Corporate Office Centre at Tysons II (Tysons2.com), Tysons Corner, VA; 2000 Tower Oaks Boulevard (TowerOaks.com) with LEED® Platinum Certification, Rockville, MD; The Corporate Office Park at Dulles Town Center (DullesTownCenter.com), Dulles, VA; Washington Square (WashingtonSquareDC.com), Washington, D.C.; Fallsgrove Village Office Center (FallsgroveOffice.com), Rockville, MD; White Flint North, North Bethesda, MD; 20 M Street, SE (20MStreetSE.com) with LEED® Gold Certification, Washington, D.C.; 1133 Connecticut Avenue, NW, Washington, D.C.; Flint Hill Office Park (FlintHillOfficePark.com), Fairfax, VA; and 7799 Leesburg Pike, Falls Church, VA, among many others.
Lerners newest office developments include 1775 Tysons Boulevard (Tysons2.com), an 18-story, 476,000 square-foot Class A office tower that is footsteps from the Tysons Corner Metro Station and has the certification goal of LEED® Platinum the first office building development in Tysons Corner, Virginia to do so; and Fallsgrove Plaza (FallsgroveOffice.com), a planned state-of-the-art five-story 110,000 square-foot Class A medical office building with a LEED® Gold certification goal. The project is located on Shady Grove and Blackwell Roads in Rockville, Maryland within the Life Science Corridor of Montgomery County, Maryland.
About The Tower Companies
The Tower Companies (TowerCompanies.com) is a closely held, award winning real estate Development Company founded by Albert Abramson in 1947 and ranks #16 on the 2012 EPA Green Power Purchasers List. Most recently Tower won the US Green Building Council of the National Capital Area 2012 Awards of Excellence LEED® Project of the Year for Existing Buildings: Operations and Maintenance for Blair Towns, and 2010 Awards of Excellence for Development Company of the Year, from Multi Housing News for their corporate green initiatives. Tower is EPA certified carbon-neutral and a member of ENERGY STAR and Green Power Partnership Leadership programs. Tower is also the first Real Estate Development Company to become Climate Registered with The Climate Registry. Tower has developed 4.5 million square feet of office buildings, office parks, 1,400 apartments, regional malls, residential communities, lifestyle centers, and hotels within the D.C. area and 87% of their properties are LEED® certified sustainable buildings. Three properties are LEED Platinum certified.