News & Press

In The News

June 21, 2019 |  Michael Neibauer, Washington Business Journal

Lerner Enterprises has inked two leases for a 184,000-square-foot office building at Dulles Town Center, landing the administrative offices of Sallie Mae and a Loudoun County-founded, woman-owned construction consulting firm.

SLM Corp., also known as Sallie Mae (NASDAQ: SLM), the Newark, Delaware-based student loan giant, will take 27,000 square feet on the sixth floor of 21000 Atlantic Blvd. The space will be home to Sallie Mae’s executive suite, per a Lerner release.

Sallie Mae moved its headquarters from Reston to Delaware in 2010, and has since reduced its leased space in Northern Virginia from 240,000 square feet to roughly 30,000, according to its most recent annual report filed with the Securities and Exchange Commission.

Lerner also announced that Alpha Corp., currently headquartered at 21351 Ridgetop Circle in Dulles, will take 16,316 square feet on the fourth floor of 21000 Atlantic. Alpha has consulted on everything from the Battlefield Parkway extension in Loudoun to the renovation of the West Virginia Capitol dome, the National Mall soil reconstruction and Boeing’s office consolidation in Arlington.

“The building gives Alpha Corporation an opportunity to grow physically while also enhancing its image and remaining within Loudoun County where it was founded," Mark Lerner, a Lerner principal, said in a release.

The two join existing 21000 Atlantic tenants such as Harris Corp. (NYSE: HRS), Cynet Systems, and QTS Realty Trust Inc. (NYSE: QTS), which recently won approval for a 1 million-square-foot data center campus in the heart of Loudoun’s data center alley.

In addition to its proximity to Dulles Town Center mall, 21000 Atlantic offers amenities such as an on-site market and fitness center. The building has 75,000 square feet available for lease, a Lerner spokeswoman said.

Lerner was represented by Andy Klaff and Jeff Tarae of Newmark Knight Frank in both deals. Sallie Mae was represented by Harry Klaff and Robert Shue of JLL, and Alpha Corp. by Kelly Katz of JLL.

 

Washington Business Journal

Back to Top