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Fairfax, Virginia, January 22, 2003 – Lerner Enterprises of North Bethesda, Maryland has announced that they have executed a lease amendment with Lockheed Martin Corporation for a lease extension of their premises at Three Flint Hill located at 3201 Jermantown Road, in Fairfax, Virginia.

Lockheed Martin Corporation will continue to occupy the entire building totaling 160,850 square feet.

The Owner, Three Flint Hill, R.L.L.P., was represented by Jeffrey K. Diamond and Brian F. Tucker of Diamond Property Company of McLean, Virginia. Lockheed Martin Corporation was represented by Jeffrey Y. Flynn and Matthew M. Sonne of Spaulding & Slye Colliers International of Washington, D.C.

Flint Hill Office Park is a 48-acre office park located at I-66 and Route 123 and is fully leased with over 500,000 square feet in three buildings.

Lerner Enterprises, founded by Theodore N. Lerner, is one of Washington, D.C.'s largest and most successful real estate developers. Lerner is involved in all phases of commercial and residential real estate including development, asset management, acquisitions and leasing. Lerner Enterprises has developed and currently manages through its leasing and management affiliate, Lerner Corporation, more than fifteen million square feet of commercial, retail and residential space.

Among Lerner Enterprises' extensive office portfolio are The Corporate Office Centre at Tysons II in McLean, Virginia; The Corporate Office Park at Dulles Town Center in Dulles, Virginia; Flint Hill Office Park in Fairfax, Virginia; Parkview Executive Center in Herndon, Virginia; 7799 Leesburg Pike in Tysons Corner, Virginia; 400 Army Navy Drive in Pentagon City, Virginia; White Flint North in North Bethesda, Maryland; and Washington Square and 1133 Connecticut Avenue in Washington, D.C.

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