Advance Realty Announces Continued Leasing Activity at 45240 Business Court in Sterling, VA
Technologies Solutions Firm Verite Group Signs 4,976-Square-Foot Lease at Strategically Located Class A Office Building
Advance Realty, a leading Northeast owner and developer of Class A office, mixed-use and flex-space properties, today announced that Verite Group, Inc. has signed a 4,976-square-foot lease at 45240 Business Court, its four-story office building in Sterling, Va.
This lease marks the relocation of Verite Group’s headquarters from Herndon, Va. to 45240 Business Court, a 71,750-square-foot, Class A office property that features extraordinary office spaces and is complimented by a dramatic two-story atrium with rose marble and mahogany wood paneling.
In the transaction, Kelly McBride of Jones Lang LaSalle represented the tenant, Verite Group, a government contractor that was formed in 2003 to provide sophisticated technology solutions for the private and public sectors.
Verite Group partners with commercial and government-sector customers to design and build technology products for security, information management, situational awareness and data analysis, amongst additional applications.
Carter Byrnes of CB Richard Ellis represented Advance Realty in the transaction.
“Verite Group’s relocation to 45240 Business Court will benefit the company’s employees and clients alike,” said David Fisher, senior vice president and regional managing director for Advance’s Washington, D.C. region. “In addition to the sophisticated and elegant nature of the building, its convenient location along the D.C. corridor makes it one of the most highly sought after office buildings in the region.”
Strategically located near Dulles Toll Road and Capital Beltway I-494, the property’s campus environment includes an on-site hotel and other amenities.
About Advance Realty
Celebrating its 30th anniversary in 2009 and headquartered in Bedminster, N.J., Advance Realty is an owner and developer of office, flex, industrial, retail and multifamily properties. With 4.5 million square feet of operating properties and a development portfolio consisting of 6 million square feet of commercial projects and 9,400 residential units, Advance is one of the leading real estate owners in the Northeast. For more information, call David Fisher with Advance Realty at 301-429-1170 or visit www.advancerealtygroup.com.
