Epilepsy Foundation Leases 32,647-SF at Advance Realty Group’s 8301 Professional Place at Metro East Business Campus in Landover, MD
REPRESENTS FIRST LEASE AFTER CAPITAL IMPROVEMENT PROGRAM
Advance Realty Group, a Bedminster , New Jersey-based commercial real estate owner and developer, has announced The Epilepsy Foundation has signed a new lease for 32,647 square feet of space at 8301 Professional Place at Metro East Business Campus in Landover, MD. The Company will use this space as its headquarters location.
This marks the first lease signed at the Class A office facility since the recent completion of a major lobby renovation. The new finishes package at 8301 Professional Place, designed by DBI Architects, includes a patterned multi-color granite floor, faux finish accent wall incorporated into a dramatic wall system with reveals, mahogany accent panels all highlighted by architectural light pendants.
David Fisher , senior vice president and regional managing director for the Washington, D.C. region, served as Advance’s in-house leasing representative for this transaction, while Jim Cahill of The Staubach Company and Martin Griffin of Grubb & Ellis served as outside brokers.
“We are pleased to welcome the Epilepsy Foundation to 8301 Professional Place,” commented David Fisher . “We are excited to have our first tenant on board since Lucent Technologies vacated the facility earlier this year. The capital improvement program we put in place at this facility is a reflection of Advance’s philosophy of creating the best possible facilities for our tenants – present and future,” he added.
8301 Professional Place is a two-story, 137,000-square-foot building, featuring 68,000-square-foot floor plates. The facility is ideal for companies seeking space in a campus setting with excellent amenities within close proximity to major highways and metro transportation, and ample free parking at a very economical rental rate. Currently, 105,000 square feet are available for lease at the Class A office building. 8301 Professional Place is one of nine buildings that Advance Realty Group owns in Metro East Business Campus.
Metro East Business Campus is in walking distance to New Carrollton Train Station, which is serviced by Metrorail, Amtrak and MARC). It is also in close proximity to Route 50 and the Capital Beltway (I-495). On-site amenities include a fitness center, cafeteria, on-site hotel and restaurants.
In the suburban Washington, D.C. marketplace, Advance Realty Group currently owns in excess of 1.5 million square feet of space. The Company has acquired in excess of $250 million of properties since it entered the marketplace in 1998.
Advance Realty Group is an owner and developer of office, flex, industrial, retail and multifamily properties. With five million square feet of operating properties and a development portfolio consisting of eight million square feet of commercial projects and 9,400 residential units, Advance is one of the leading real estate owners in the Northeast and is headquartered in Bedminster , New Jersey.
