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Piedmont Office Realty Trust and The Institute for Justice have agreed on a 33.5% lease expansion at the Arlington Gateway office tower in Arlington, VA.

Piedmont Office Realty Trust, The Institute for Justice Sign 34% Lease Expansion at Arlington Gateway

Building owner Piedmont Office Realty Trust and The Institute for Justice have agreed on a new lease for 33.5% more space for the latter at Arlington Gateway, a Class A office tower located 901 N. Glebe Road in Arlington, VA.

Mindy Saffer and Sam Heiber of commercial real estate advisory firm Cresa negotiated on behalf of The Institute for Justice, a public interest law firm, which has committed to 58,285 square feet and will now occupy the eighth and ninth floors. The Cresa team secured building signage as well as a concessions package that covers all renovation costs of the space.

The 30-story Arlington Gateway was completed in 2005 and is situated near Ballston Metro and the Ballston Quarter Mall. Atlanta, GA-based Piedmont Office Realty Trust is in the process of modernizing the property and is renovating the building’s amenities while also adding a state-of-the-art conference facility and cardio room.

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Cresa's Saffer

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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