Lerner Announces Pillsbury Winthrop Shaw Pittman and U.S. Bank Lease Renewals at 1650 Tysons Boulevard
TYSONS, Virginia (January 10, 2018) — Lerner Enterprises, one of Washington, D.C.’s largest private real estate developers, is pleased to announce that Pillsbury Winthrop Shaw Pittman has renewed its lease for 39,400 square feet and U.S. Bank has renewed and expanded its lease for 9,650 square feet at 1650 Tysons Boulevard. The building is located in the heart of Tysons II, Lerner's renowned master-planned development located in Fairfax County in Northern Virginia.
"We are very pleased to extend our relationships with Pillsbury and U.S. Bank at 1650 Tysons Boulevard," stated Mark D. Lerner, a principal of Lerner. "Both companies are leaders in their respective industries and have been long-time tenants in Tysons II. We are thrilled that they will continue to enjoy this amenity-rich destination, with its unmatched accessibility and world-class facilities – all of which are located just footsteps from the Tysons Corner Metro Station. Tysons II continues to solidify its position as the iconic business address of Northern Virginia," he added.
Pillsbury was represented by David Lipson and Wendy Feldman Block of Savills Studley. U.S. Bank was also represented by Ms. Block. Tysons II and Lerner were represented by Brian F. Tucker and John B. Dragelin of the Virginia office of Jones Lang LaSalle.
Tysons II has leasing opportunities with flexible floor plans and rate structures to accommodate a broad range of tenants seeking Class 'A' office space moments from world-class shopping at Tysons Galleria and the Tysons Corner Metro Station. Among its numerous dining choices, Tysons II is home to the Palm Restaurant, Founding Farmers Tysons, and Fogo de Chao, as well as the new Isabella Eatery in Tysons Galleria.
About Tysons II
Tysons II (Tysons2.com) is recognized as the most prestigious commercial address in the Washington D.C. Metro region, featuring high-end retail, office, hotel and residential projects footsteps from the on-site Tysons Corner Metro Station. Within the 117 acre master-planned development are Tysons Galleria (an 800,000 square foot luxury shopping destination featuring Neiman Marcus, Saks Fifth Avenue, dozens of boutique shops and numerous destination restaurants), 1600 Tysons Boulevard (a 305,000 square foot LEED® Silver office tower), 1650 Tysons Boulevard (a 395,000 square foot office tower), 1750 Tysons Boulevard (a 405,000 square foot office tower), 1775 Tysons Boulevard (a 476,000 square foot office tower designed for LEED® Platinum), 1800 Tysons Boulevard (a 320,000 square foot office tower) and Lillian Court at Tysons II (a 286 unit award-winning luxury condominium project). All of these projects were originally developed by Lerner. Also within Tysons II is The Ritz-Carlton • Tysons, which was previously named one of the Top 50 Hotels in the United States by Condé Nast Traveler Readers’ Choice Awards and offers elegant accommodations and superior personal service.
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).
For more information, visit the new Lerner.com or follow Lerner on Twitter @LernerDC.
Pillsbury is a leading international law firm with 700+ lawyers located around the world. The firm has been recognized as one of the Most Innovative Law Firms by Financial Times three years running, and is one of the 25 law firms most frequently recommended by general counsel according to a 2016 BTI Consulting Group survey. Pillsbury’s lawyers are highly regarded for their forward-thinking approaches, their enthusiasm for collaborating across disciplines and their unsurpassed commercial awareness.
For more information about Pillsbury, please visit PillsburyLaw.com.
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB), with $459 billion in assets as of September 30, 2017, is the parent company of U.S. Bank National Association, the fifth largest commercial bank in the United States. The Company operates 3,072 banking offices in 25 states and 4,801 ATMs, and provides a comprehensive line of banking, investment, mortgage, trust and payment services products to consumers, businesses and institutions.
For more information about U.S. Bank visit www.USBank.com.
Eugene Buot | 301.692.2253 | EBuot@Lerner.com
Brian F. Tucker | 703.485.8883 | Brian.Tucker@am.jll.com