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Washington Property Company Leases Over 21,000 SF in DC Suburbs

Bethesda, MD, April 28, 2014-- Washington Property Company (WPC) of Bethesda, MD has leased 21,531 square feet of office and retail space in its Maryland and Virginia properties:

 MARYLAND

 6900 Wisconsin Avenue, Bethesda, MD – 3,890 SF

·         Veritrust expanded by leasing 1,951 SF. Joshua Gurland of WPC represented the owner and Will Schwartz of The Meyer Group represented the tenant.

·         Always Prepped leased 1,939 SF.  Jay Farmer of JLL represented the tenant and Joshua Gurland of WPC represented the owner.

1390 Piccard Drive, Rockville, MD – 13,535 SF

·         Closeline Settlements lease 6,535 SF. Tom Birnbach of Cresa represented the tenant. Joshua Gurland of WPC represented the owner.

·         Eichberg Construction leased 7,000 SF.  Marc Balamaci of EDGE Commercial Real Estate represented the tenant.  Joshua Gurland of WPC represented the owner.

 8757 Georgia Avenue, Silver Spring, MD – 1,590 SF

·         Universal Designers and Consultants leased 1,590 square feet.  Tim Jaeger and Todd Bosley of CBRE and Joshua Gurland of WPC represented the owner.

 VIRGINIA

 Huntwood Plaza, 5845 Richmond Highway, Alexandria, VA – 2,516 SF

·         Nanoscience Instruments leased 2,516 SF. Steve Plott of Metropolitan Asset Management represented the tenant while Cory Hoffman and Scott Rabin of EDGE Commercial Real Estate teamed with Joshua Gurland of WPC to represent the owner.

 Washington Property Company (www.washproperty.com) is a full-service commercial real estate company located in Bethesda, Maryland.  Established by Charles K. Nulsen, III, WPC is involved in a full range of real estate investment services including acquisition, land use, development, property management, leasing, and construction management.   WPC has developed more than eight million square feet of commercial space in the Washington, DC metropolitan area and currently has over 1.6 million residential square feet under development. WPC is actively pursuing office, multi-family, retail, and mixed-use development opportunities throughout the region. Through its management company, WPC Management, LLC, Washington Property Company manages over 1.8 million square feet of commercial