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Washington DC & Mid-Atlantic  + Office  |  November 11, 2020
David Cohen
By: David Cohen

Raytheon Inks 116K-SF Lease Renewal in D.C.

Defense contractor Raytheon has inked a 116,000-square-foot long-term lease renewal at 1100 Wilson Blvd. in Washington D.C.’s Rosslyn submarket. Raytheon signed a lease renewal at 1100 Wilson nearly three years before the lease was set to expire.

The 1100 Wilson Building currently serves as the defense contractor’s headquarters for its intelligence and space division. Raytheon plans to make upgrades to the space after the lease renewal. The Massachusetts-based contractor currently occupies approximately 826,000 square feet in the D.C. area.

Raytheon CEO Greg Haynes said on the firm’s Q3 earnings call Oct. 27 that the firm’s original goal was to cut its global office footprint by 10%, or 3 million square feet.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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