Advance Realty Group, a leading Northeast U.S. owner and developer of Class A office properties, today announced that Lockheed Martin has renewed its 71,507-square-foot lease at 14550 Avion Parkway in Chantilly, Va.
Lockheed Martin (www.lockheedmartin.com), a Fortune Global 500® company, is principally engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products and services in the fields of aeronautics, space, electronics, and information systems and global services. The company, which reported $36.9 billion in sales for 2006, is best known for its significant contributions to NASA and major U.S. air and missile defense systems.
“Lockheed’s lease renewal is a true testament to the superior quality of Advance’s office building and client services, as well as the building’s ideal location near a number of Lockheed’s clients,” said David Fisher, senior vice president and regional managing director of Advance’s Washington, D.C., region. “14550 Avion Parkway, along with the rest of our more than 1,500,000-square-foot D.C. area portfolio, offers a world-class work environment to some of the world’s leading organizations such as Lockheed Martin.”
Located in a 188-acre business park, 14550 Avion Parkway features three-stories of Class A office space. Lockheed employees will have access to the business park’s deli, fitness center and three miles of jogging trails and fitness stations. The property is strategically located along the state’s dynamic Route 28 corridor and just four miles from Washington Dulles International Airport.
About Advance Realty Group
Advance Realty Group is an owner and developer of office, flex, industrial, retail and multifamily properties. With 5.5 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. In the suburban Washington, D.C. marketplace, Advance Realty Group currently owns in excess of 1.5 million square feet of space. For more information, contact David Fisher at Advance Realty Group at (301) 429-1170 or visit www.advancerealtygroup.com.
