A Fresh Take on CRE

DC Weekly Comp Digest: Wells Fargo Renews in Greenbelt, Continental Building Products Takes 19,520 SF in Herndon

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

   
7701 Greenbelt Road in Greenbelt

Greenbelt: Wells Fargo Renews on Greenbelt Road

Wells Fargo renewed its lease at 7701 Greenbelt Road in Greenbelt. The bank will pay rent in the low-$20s PSF for the 3,457 SF space. The term of the lease is four years.


   

Fairfax: Brookfield Homes Signs for 10 Years, Five Months

Brookfield Homes signed a lease at 3201 Jermantown Road in Fairfax. The company will pay rent in the high-$20s PSF for the 9,800 SF space. The term of the lease is 10 years and five months, and it includes five months of free rent.



   

Herndon: Continental Building Products Takes 19,520 SF

Continental Building Products signed a lease at 1950 Worldgate Drive in Herndon. The company will pay starting rent in the low-$30s PSF for the 19,520 SF space. The term of the lease is eight years, and it includes seven months of free rent.