Dulles, Virginia (February 26, 2019) — Lerner Enterprises (Lerner), one of Washington, D.C.’s largest private real estate developers, is pleased to announce that OpenText has signed a lease for 9,135 square feet on the seventh floor at 21000 Atlantic Boulevard. The building is situated in the heart of Dulles, Virginia, at Dulles Town Center, Lerner's renowned master-planned development located in Loudoun County, one of the fastest-growing and wealthiest counties in the United States.
"Due to its unsurpassed accessibility and abundance of amenities, Dulles Town Center continues to solidify its position in Loudoun County as a premier and rapidly growing destination," stated Mark D. Lerner, a principal of Lerner. "We are very pleased to welcome OpenText to 21000 Atlantic Boulevard and are thrilled they will benefit from the property’s world-class facilities," he added.
“Tenants in the market such as OpenText understand the value, quality and convenience that 21000 Atlantic Boulevard offers,” said Jeff Tarae, Newmark Knight Frank. “The addition of more planned amenities for our tenant’s exclusive use further enhances its appeal.”
OpenText was represented by Brad Davis of CBRE. 21000 Atlantic Boulevard and Lerner were represented by Andy Klaff and Jeff Tarae of Newmark Knight Frank.
About 21000 Atlantic Boulevard
21000 Atlantic Boulevard is a seven-story, 184,000-square-foot Class ‘A’ office building located at Dulles Town Center. The building, which received the Award for Excellence in Architecture by the Virginia Foundation for Architecture, offers convenient access to Routes 28 and 7, the Dulles Toll Road and Washington Dulles International Airport. 21000 Atlantic Boulevard is part of the Dulles Town Center mixed-use master plan, which features Dulles Town Center mall with over 185 retailers and restaurants, as well as The Courtyard By Marriott at Dulles Town Center and several residential communities. The building is located in heart of Loudoun County, one of the fastest growing and wealthiest counties in the United States.
Founded by Theodore N. Lerner in 1952, Lerner Enterprises is a respected leader in Washington, D.C. area real estate development, investment and management. Headquartered in Rockville, Maryland, Lerner is one of the largest and most diversified private real estate companies in the region, with expertise in all phases of commercial real estate – including planning, development, construction, leasing, asset management and property management. Lerner has developed and managed more than 20 million square feet of commercial, retail, hospitality and residential real estate throughout the Washington metropolitan area. The award-winning office portfolio features such iconic properties as Washington Square, 20 M Street SE, Two White Flint North, The Corporate Office Park at Dulles Town Center and The Corporate Office Centre at Tysons II, among many others.
The company is also a pioneer in sustainable development, with a notable LEED® Certified portfolio that includes Washington Square (LEED® Silver Certification), 20 M Street (LEED® Gold Certification), 2000 Tower Oaks Boulevard (Lerner’s Corporate Headquarters and the first LEED® Platinum office building in the entire Mid-Atlantic Region), and 1775 Tysons Boulevard (the first office building to achieve LEED® Platinum Certification in the Tysons market).
OpenText, The Information Company™, a market leader in Enterprise Information Management software and solutions, enables intelligent and connected enterprises by managing, leveraging, securing and gaining insight into enterprise information, on-premises or in the cloud.
For more information about OpenText (NASDAQ/TSX: OTEX), visit https://www.opentext.com/.
About Newmark Knight Frank
Newmark Knight Frank ("NKF"), operated by Newmark Group, Inc. ("Newmark Group") (NASDAQ: NMRK), is one of the world's leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, NKF's 16,000 professionals operate from approximately 430 offices on six continents. NKF’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.
Discussion of Forward-Looking Statements about Newmark Group
Statements in this document regarding Newmark Group that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. Except as required by law, Newmark Group undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark Group's Securities and Exchange Commission filings, including, but not limited to, any updates to such risk factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.
Lisa B. Wood | 301.692.2396 | LWood@Lerner.com
Jeff Tarae | 703.918.0205 | Jeff.Tarae@ngkf.com