Law Firm Relocating to Entire Floor at Boro Tower in Tysons, Va.
Womble Bond Dickinson will lease 24,239 square feet—the entire 15th floor—at Boro Tower, according to a press release from Meridian Group and Rockefeller Group, which are co-developing the 20-story office building that’s under construction at The Boro in Tysons, Va.
The law firm signed an 11-year lease at the tower, which is located at 8350 Broad Street, Tom Boylan, a vice president at Meridian, told Commercial Observer. Asking rents at the building are in the upper $50s per square foot, Boylan said.
When it opens next year, Boro Tower will feature a glass curtain wall, nine- to 10-foot ceilings and an expansive rooftop terrace. In mid-2019, Womble Bond Dickinson plans to move about 40 attorneys and staff from its current location at 8065 Leesburg Pike, about a mile away from the tower.
Gary Nunes, a managing partner at the law firm, said in the release that he anticipates The Boro to be “a vibrant complex and a new hub to the Tysons business community.” He said the tower will provide an ideal office environment for clients and a location that’s close to the Greensboro Metro station.
Rob Faktorow and Terry Reiley of CBRE represented the developers in deal. Womble Bond Dickinson was represented by Mike Shuler and Nate Krill of Avison Young. The brokers did not return CO’s request for comment.
The 437,000-square-foot tower is now 68 percent pre-leased, with about 135,000 square feet of office space remaining, per the release.
Womble Bond Dickinson is joining “a premier lineup of firms, companies and organizations that have chosen The Boro for their new location,” Gary Block, a chief investment officer at Meridian, said in a prepared statement. The tower’s current roster of corporations include accounting firm KPMG in 168,000 square feet, law firm Hogan Lovells in 44,500 square feet and media company Tegna in 46,000 square feet, as CO previously reported.
In addition to the tower, The Boro’s 1.7-million-square-foot first phase will also deliver nearly 700 residential units and 260,000 square feet of retail next year, according to the release.