Tysons, Virginia (September 27, 2019) — Lerner Enterprises, one of Washington, D.C.’s largest private real estate developers, is pleased to announce that Trustar Bank has signed a lease for 7,863 square feet on the ninth floor 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.
1650 Tysons Boulevard is a 17-story, 395,000 square foot award-winning office building leased by the nation's leading law firms, financial institutions and business service providers. The building is two blocks from the new Tysons Corner Metro Station. The building is located within Lerner's Corporate Office Centre at Tysons II in Tysons, Virginia, the largest office market in Virginia, recently named the top state for business by CNBC, and 12th largest office market in the nation. The building is connected by a climate-controlled walkway to Lerner's other Tysons II office buildings, Tysons Galleria and The Ritz-Carlton, and features an onsite café and fitness center. Tenants enjoy a complimentary luxury shuttle to Metro as well.
"We have enjoyed a wonderful relationship with the principals behind Trustar Bank and we are very pleased to welcome them to Tysons II," stated Mark D. Lerner, a principal of Lerner. "We are thrilled that they will enjoy this vibrant commercial center and amenity-rich destination, with its unmatched accessibility and world-class facilities – all of which are located just footsteps from the Tysons Corner Metro Station," he added.
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 many options located 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 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 fall 2020).
For more information, visit Lerner.com or follow Lerner on Twitter @LernerDC.
Trustar Bank is a community bank conceived to meet the banking needs of businesses and individuals in the greater metropolitan Washington DC area. The Organizers of the Bank are experienced bankers, bank investors, and business professionals in the Bank’s target market area. Rapid consolidation in the Bank’s target market has created an opportunity for a community-based commercial bank.
A viable market, sufficient capital, engaged leadership, and strong management are critical success factors for any financial institution. Service differentiates one bank from another. As a community bank, Trustar Bank‘s strategy is to be a personalized alternative to larger, super-regional financial institutions that increasingly dominate the Bank’s primary market. Our mission statement emphasizes personal service, responsiveness, and a willingness to tailor products and services to meet the needs of our customers:
“At Trustar, our mission is to be your partner for financial success, to provide a sound investment for our shareholders, and to support our local community. Our unique approach to financial services and our ‘can do’ attitude sets us apart from our competition. At Trustar, our philosophy is to provide customized banking solutions and top-notch service that truly addresses your individual needs.”
For more information, visit https://www.trustarbank.com
Lisa B. Wood | 301.692.2396 | LWood@Lerner.com
Brian F. Tucker | 703.485.8883 | Brian.Tucker@am.jll.com