A Fresh Take on CRE

DC Weekly Comp Digest: Stratford University Takes 59,778 SF in Alexandria, FBR Capital Markets Takes 3 Floors in Arlington

Every week, we compile a digest of some recent deals from the CompStak database. We hope you will find the information helpful.

   
2900 Eisenhower Avenue

Stratford University Takes 59,778 SF in Alexandria

Stratford University signed a lease at 2900 Eisenhower Ave. in Alexandria. The for-profit university will pay rent in the high-$10s PSF for the 59,778 SF space. The term of the lease is 13 years and 6 months, and it includes 9 months of free rent.



   
1300 N 17th


FBR Capital Markets Takes 3 Floors in Arlington

FBR Capital Markets recently signed for the 2nd, 13th, and 14th floors at 1300 North 17th St. in Arlington. The financial firm will pay rent starting in the low-$40s PSF for the 12,026 SF space on the 2nd floor and rent starting in the low-$50s PSF for 13th and 14th floor spaces, which have a combined 42,514 SF. The term of the lease is 11 years and three months, and it commences in late 2014. To see a profile of the building visit Honest Buildings.



   

Pyramid Systems Signs for Over Eight Years in Fairfax

Pyramid Systems signed at 2277 Prosperity Ave. in Fairfax. The company will pay rent starting in the low-$30s PSF for the 23,379 SF space. The term of the lease is eight years and eight months, and it includes eight months of free rent.