TYSONS, Virginia (August 27, 2019) — Lerner Enterprises, one of Washington, D.C.’s largest private real estate developers, is pleased to announce that Dean & Company has signed a lease for 36,205 square feet for its new corporate headquarters located on the fifth and sixth floors at 1600 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 welcome Dean & Company to Tysons II." stated Mark D. Lerner, a principal of Lerner. "With its unmatched accessibility, just footsteps from the Tysons Corner Metro Station, and world-class facilities, including a new amenity suite located on our lobby level, 1600 Tysons Boulevard will make a fantastic headquarter location. Tysons II continues to solidify its position as the iconic business address of Northern Virginia," he added.
Dean & Company was represented by Steve Ranck and Robb Johnson of JLL. 1600 Tysons Boulevard and Lerner were represented by Brian Tucker and John Dragelin of JLL.
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, Fogo de Chao, as well as many dining options 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, LEED® Platinum office tower), 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. Lerner also has over 3.5 million square feet of mixed-use development still to come, including 1725 Tysons Boulevard (a 480,000 square foot trophy office tower, designed for LEED® Platinum).
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 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 office portfolio features such iconic properties as Washington Square, 20 M Street, 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 noteworthy LEED® Certified portfolio that includes Washington Square (LEED® Gold), 20 M Street (LEED® Gold – the first LEED® Certified office building in Washington), 2000 Tower Oaks Boulevard (Lerner’s corporate headquarters and the first LEED® Platinum office building in the Mid-Atlantic Region), 1775 Tysons Boulevard (the first LEED® Platinum building in the Tysons market) and 1725 Tysons Boulevard (designed to achieve LEED® Platinum, starting construction in the fall of 2020).
About Dean & Company
Dean & Company is a strategy consulting firm that employs a combination of skills and methodologies to achieve significant bottom-line improvements. At Dean, we view ourselves as value architects. Our quantitative understanding of the sources and levers of enterprise value enables us to identify for our clients how value can be created and sustained and how competitive advantage can be managed.
We serve large corporations and high potential small businesses. For large, established businesses, we focus on business creation, ramp-up and redirection situations that call for intense analytical focus in order to determine the shifting drivers of value. For early stage businesses, we identify and focus attention on the key strategic, marketing and competitive variables that will make or break the business.
For more information, please visit http://www.dean.com/
Lisa B. Wood | 301.692.2396 | LWood@Lerner.com
Brian F. Tucker | 703.485.8883 | Brian.Tucker@am.jll.com