Strayer University Re-ups Lease at Dulles Station East in DC Suburb
Strayer University has renewed its 33,102-square-foot lease at Dulles Station East, a 186,922 square-foot, Class A office building in Herndon, Va., with landlord KBS.
Newmark represented the landlord in the deal.
Strayer was in the last year of a 12-year lease and serves as the anchor tenant for the building.
“This transaction proves once again that tenants are consistently drawn to KBS for its operation of best-in-class office buildings,” Steve Hoffeditz, an executive managing director at Newmark, said in a prepared release. “Dulles Station East is one of the most desirable office properties for companies in the Herndon, Virginia market, offering tenants unmatched service and amenities.”
Located at 2303 Dulles Station Boulevard, near Dulles International Airport, the six-story building features a coffee bar, fitness center and car-care station. It’s also walkable to the new Innovation Center Silver Line Station, which is scheduled to open in early 2022.
Joining Hoffeditz on the deal were Newmark’s Wes Evans and Ed Clark.
“Since inception, KBS has been closely attuned to trends among tenants in the office sector,” Marc DeLuca, KBS’ Eastern regional president, said in a prepared release.
“Demand for office space has remained strong at the properties in our portfolio and will likely be further bolstered by rising confidence as vaccinations become more widely available. This, coupled with workers’ increasing desire to return to the workplace after more than a year of remote work, positions the office market for greater strength in the coming months.”