WeWork Expands VA Footprint
- Dec 21, 2018
WeWork is continuing its expansion by signing a new lease to occupy 83,294 square feet at the JBG Smith Properties-owned CEB Tower at Central Place in Rosslyn, Va. The coworking giant will lease floors 25 to 28, beginning the second quarter of 2019.
Located at 1201 Wilson Blvd., the mixed-use property is one of the tallest buildings in the region, home to the Observation Deck at Central Place. The 31-story asset’s office tower was created by Beyer Blinder Belle and features elements of steel and glass. The office space starts at the eighth floor and equals 525,000 square feet. Delivered in the summer of 2018, the building is currently 77.9 percent leased, with other tenants including Gartner and Accenture.
“The demand we’ve experienced for this location has been unprecedented and we look forward to welcoming new industries into the WeWork community,” said Alexis Miller, director of business operations for the Northeast and Mid-Atlantic at WeWork, in a prepared statement.
JLL’s Managing Directors Greg Lubar and Andy O’Brien, as well as Vice President Zach Boroson represented WeWork. CBRE Senior Vice President Jill Goubeaux, Executive Vice President Terry Reiley, Vice President Caroline Bour and Associate Anna Faktorow worked on behalf of JBG Smith.
At the end of last month, WeWork signed on to become the anchor tenant of The Landmark Guadalajara, a new 2.5 million-square-foot, mixed-use development in Mexico. The coworking company leased 91,600 square feet at the office tower.
Image courtesy of Yardi Matrix