VIENNA, VA-Forsaking the District for Northern Virginia, Envision EMI LLC commits to a lease of 60,000 sf at Tysons International Plaza Tower I at 1919 Gallows Rd. The educational institution is relocating its headquarters to the Tysons Corner submarket under a 10-year lease agreement. Greg Lubar and David Houck of the Staubach Co. represented the tenant, while CB Richard Ellis stood in for property owner 485 Properties LLC. Staubach’s Ken Kauffman also provided design and construction services for Envision.

“They looked everywhere–in DC, Maryland, and Virginia,” Lubar tells GlobeSt.com. “They settled on this building because of the economics, amenities, and quality of life provided by the location.” Financial terms of the transaction have not been released and CB Richard Ellis was unavailable to comment on the property, however, the real estate services firm markets space at the companion building, Tysons International Plaza Tower II, for $35 per sf. EMI plans to make the move to its new digs in January of next year.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.