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GSA Inks 45K SF in Alexandria
PRP has signed a 45,854-square-foot, 15-year lease with the US General Services Administration on behalf of the US Department of Defense for 4825 Mark Center Drive in Alexandria, VA., bringing the property to 60% leased.
The eight-floor building in the Mark Center submarket in Alexandria comprises 220,000 square feet, featuring 40’ x 25’ column spacing, 10’ finished ceiling heights, and 27,000-square-foot floorplates.
“We are pleased to land this 15-year lease in a time of very limited new leasing activity in Northern Virginia,” stated Paul Dougherty, president of PRP. “We acquired 4825 Mark Center Drive 100% vacant and have now signed six leases at the property. We are in active negotiations with medical office and retail tenants whose presence will help transform and reinvigorate this submarket of Alexandria.”
- ◦Lease
