Washington, D.C., March 18, 2015 - Lerner Enterprises, one of Washington, D.C.’s largest private real estate developers, and The Tower Companies, the largest Green Builders in the nation’s capital, both of Rockville, Maryland, are proud to announce recent lease deals within Washington Square, the twelve story LEED® Silver award-winning landmark office building located at 1050 Connecticut Avenue, L Street and 18th Street, NW.
“We are pleased to welcome AGI of Washington and Unispace to Washington Square,” stated Mark D. Lerner, a principal of Lerner, co-developer and co-owner of Washington Square. “With an iconic project such as Washington Square, our current and prospective tenants continue to be impressed by the buildings world-class amenity package, location, metro accessibility and variety of nearby and on-site destination retailers that sets it apart from others in the market,” he added.
AGI of Washington (http://www.agsiw.org), an independent, non-profit organization dedicated to research and policy deliberations, has signed a lease for an Ultimate Suite located on the 10th floor of Washington Square.
Unispace (http://www.unispace.com), a leading global strategic design practice specializing in the development and implementation of strategic design solutions for commercial workspaces, has leased a suite on the fifth floor.
Class ‘A’ trophy office space up to 37,500 square feet and luxurious Ultimate Suites starting at 3,737 square feet are available in Washington Square.
AGI of Washington was represented by Ezra Z. Weinblatt of The Ezra Company and Unispace was represented by James J. Dennin of Cushman and Wakefield. Lerner and The Tower Companies were represented by Brian R. Raher, Brian F. Tucker and Michael B. Katcher of Cushman & Wakefield. Retail leasing at Washington Square is represented by William J. Winterburn, Vice President of Retail Leasing for Lerner.
About Washington Square
Washington Square (WashingtonSquareDC.com), located at 1050 Connecticut Avenue, NW, in the heart of Washington, D.C.'s Central Business District, is an award-winning 1,000,000 square foot landmark office building. Washington Square's recent renovation included extensive exterior, lobby, atrium and building system upgrades. The building perfectly blends business with pleasure with premier office tenants such as the American Bar Association, Baker Hostetler, Gibson, Dunn& Crutcher, and premium retail choices including The Art of Shaving, Sarar, Morton's - The Steakhouse, Au Bon Pain, Lou Lou Boutique, Starbucks, Victoria's Secret and many others. The building features luxurious Ultimate Suites that provide tenants a turn-key office with high-end finishes with flexible lease terms. The suites feature premium wood, stone and decorative accents and vary in size up to 7,300± square feet. The building is a co-development of Lerner and The Tower Companies, both of Rockville, Maryland.
Lerner and Tower have collaborated on numerous landmark developments for over 40 years including: White Flint, Washington Square, White Flint North, Beaumeade Corporate Park, Residence Inn – Dulles Airport @ Dulles 28 Centre, 2000 Tower Oaks Boulevard, Dulles 28 Centre, and numerous other projects in the Washington, D.C. area.
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 highly-diversified private real estate developers 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, including an award-winning office portfolio comprised of a wide range of landmark developments throughout the Washington metropolitan area. The company is also a pioneer in sustainable development, with a noteworthy LEED® Certified portfolio that includes the first LEED® Platinum office building in the entire Mid-Atlantic Region (2000 Tower Oaks Boulevard, Lerner’s corporate headquarters) and the first office building designed to achieve LEED® Platinum Certification in the Tysons market of Greater Washington (1775 Tysons Boulevard).
About The Tower Companies
The Tower Companies is a family-owned, award-winning real estate development company founded by Albert Abramson in 1947. Tower has pioneered the building of USGBC LEED® certified residential and commercial properties and its portfolio includes over 5 million square feet of office buildings, office parks, lifestyle centers, regional malls, eco-progressive live-work-play communities and hotels in the Washington, DC Area. Additionally, a 3.8 million square foot Blair Master Plan redevelopment is in progress for vibrant urban living in Downtown Silver Spring, MD, including five acres of public parks, and a 5.4 million square foot White Flint mixed-use redevelopment is in progress in North Bethesda, MD. The Tower Companies is proud to be a Carbon Neutral organization. For more information on The Tower Companies, please visit TowerCompanies.com.