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Newmark has been hired to lease 10400 Eaton Place in Fairfax, VA following its recent purchase by Kenwood Management Company (Kenwood). The 100,000-square-foot building has been significantly renovated and has four new spec suites which will be available the first quarter of 2020. The four spec suites range from 1,350 to 2,200 square feet.
“We have been representing the building for many years and are delighted that Kenwood Management has selected us to continue as their brokerage team,” said Newmark Executive Managing Director Larry FitzGerald. “Given our history with the property and with Kenwood, we are confident that we can help achieve continued success leasing the property.”
Built in 1979, 10400 Eaton Place was recently renovated and modernized to meet the ongoing needs of tenants. Some of the new features include an onsite gym, a unique tenant lounge complete with snacks and beverage options and new spec suites for tenants seeking more flexible lease options.
10400 Eaton Place offers easy access to Route 50, Lee Highway and Chain Bridge Road and is one quarter mile south of Route 66.
Leasing will be handled by Executive Managing Director Larry FitzGerald and Director Cole Spalding, who have extensive experience with the building, having leased it for the previous owners.
About Newmark
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark Group”) (NASDAQ: NMRK), is one of the world’s leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 18,000 professionals operate from approximately 480 offices on six continents. Newmark’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.
Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.