Washington Commanders Score Space in College Park’s Discovery District
By Keith Loria December 11, 2023 6:00 am
reprintsThe Washington Commanders have leased 27,516 square feet of office space at 4600 River Road, a four-story building in College Park, Md., Commercial Observer has learned from a source close to the deal.
The NFL team is subleasing the space from cybersecurity firm Cybrary, which moved into the building in 2021 but has since closed its office.
The rent for the Commanders averages $36 per square foot.
The property is owned by Corporate Office Properties Trust, in partnership with the University of Maryland, which developed the 105,000-square-foot building in 2020.
The building is part of the university’s Discovery District, a hub of academic, research and economic development in Greater College Park.
The space features a built-in studio and a private terrace. Amenities in the building include a fitness studio and meeting rooms.
It was unclear exactly how the Commanders would be utilizing the space.
Newmark (NMRK)’s Matt Leon and Gary Cuadros represented the subtenant in the deal, while CBRE (CBRE)’s Jonathan Hall represented the original tenant.
Keith Loria can be reached at Kloria@commercialobserver.com.