August 8, 2019 | Washington, D.C. citybizlist
Lerner Enterprises (Lerner), one of Washington, D.C.’s largest private real estate developers, is pleased to announce that Pegasystems, an American software company with 38 locations worldwide and headquartered in Cambridge, Massachusetts, has leased 10,917 square feet on the fourth floor at 21000 Atlantic Boulevard. 21000 Atlantic Boulevard, 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, has recently welcomed new tenants such as Sallie Mae and Alpha Corporation, as well as Cynet Systems, who recently expanded as a prime tenant.
"We are pleased that such a successful global tech company like Pegasystems chose 21000 Atlantic for its first Virginia location. This was an advantageous move for Pegasystems which recently announced its collaboration with AWS and Amazon Connect, also located in Dulles. 21000 Atlantic’s easily-accessible location combined with onsite and walkable amenities continues to bring out-of-state tenants to our market,” stated Mark D. Lerner, a principal of Lerner.
"We're excited that Pegasystems has made this commitment to expanding their operations in Loudoun County. Their unique platforms make an daily impact on global businesses and they are a welcome addition to the growing technology base we are building in the Dulles Technology Corridor," added Buddy Rizer, Executive Director of Economic Development in Loudoun.
Pegasystems was represented by Stephanie Croghan of JLL. 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).
About Pegasystems Inc.
Pegasystems Inc. is the leader in software for customer engagement and operational excellence. Pega’s adaptive, cloud-architected software – built on its unified Pega platform TM – empowers people to rapidly deploy and easily extent and change applications to meet strategic business needs. Over its 35-year history, Pega has delivered award-winning capabilities in CRM and digital process automation (DPA) powered by advanced artificial intelligence and robotic automation, to help the world’s leading brands achieve breakthrough business results.
For more information, visit https://www.pega.com/
About Newmark Knight Frank
Newmark Knight Frank, operated by Newmark Group, Inc. (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.