ARLINGTON, VA (APRIL 26, 2023) –
Jamestown, a design-focused real estate investment and management firm, today announced a wave of new office leasing at Ballston Exchange, a mixed-use retail, dining, and office development in Arlington’s Ballston neighborhood. The three deals, which total nearly 30,000 square feet, will add to the dynamic workplace environment at the property and bring new career opportunities to the neighborhood.
- Management Sciences for Health (MSH), a global nonprofit advisory organization that provides governments, health organizations, and the private sector with health system support, leased approximately 15,000 square feet at the property. MSH was represented by CRESA and Jamestown was represented by Cushman & Wakefield.
- EPIGEN, a professional management and technical services company, leased approximately 10,800 square feet at the property. Cushman & Wakefield represented both parties in the deal.
- COMTO, the leading national advocate for employment diversity, inclusion, and contracting opportunities in the transportation industry, leased approximately 3,800 square feet at the property. COMTO was represented by CRESA and Jamestown was represented by Cushman & Wakefield.
“With its proximity to transit and expansive, tech-enabled common spaces, Ballston Exchange offers businesses a flexible and hyperconnected workplace environment,” said Mark Witschorik, Director of Asset Management for the Mid-Atlantic Region at Jamestown. “The property’s many indoor and outdoor common spaces and amenities, including the shared conference center and event space, provide tenants with added capacity to support their evolving and variable needs without investment in additional space, and that built-in flexibility is an amenity in its own right.”
Ballston Exchange is well situated with direct access to the Metro and offers a range of tenant amenities, including indoor and outdoor public open space, concierge services, and event space. In addition, Jamestown has outfitted Ballston Exchange with new shared tenant amenities, including a 10,000-square-foot, full-service conference center, to address the needs of modern companies and tenants.
Since acquiring the property in 2015, Jamestown has modernized the property via architectural renovations, landscaping, and streetscape improvements. The property’s diverse retail tenants include Shake Shack, Orange Theory Fitness, CorePower Yoga, Greenheart Juice Shop, Dunkin Donuts, We, The Pizza, Farmbird, El Rey, Hawkers, Tend, Chopt, CAVA, MyEyeDr, The UPS Store, and Bearded Goat Barber. Office tenants include Booz Allen Hamilton, Insurance Institute for Highway Safety (IIHS), CENTRA Technology, and more.
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Jamestown is a global, design-focused real estate investment and management firm with a 40-year track record and mission to create places that inspire. Since its founding in 1983, Jamestown has executed transactions totaling approximately $40 billion. As of March 31, 2023, Jamestown has assets under management of $12.5 billion and a portfolio spanning key markets throughout the U.S., Latin America, and Europe. Jamestown employs more than 500 people worldwide with headquarters in Atlanta and Cologne, and offices in Amsterdam, Bogotá, Boston, London, Los Angeles, Madrid, New York, San Francisco, and Washington, D.C. Current and previous projects include One Times Square and Chelsea Market in New York, Industry City in Brooklyn, Ponce City Market in Atlanta, Ghirardelli Square in San Francisco, the Innovation and Design Buildings in Boston and Lisbon, and Groot Handelsgebouw in Rotterdam. For more information, visit www.jamestownlp.com.