KBS Real Estate Investment Trust III, a non-traded real estate investment trust based in Newport Beach, California, announced the signing of a new 10,531-square-foot lease at 3001 Washington Boulevard in Arlington, Va., by Stantec Consulting Services Inc., a global professional design firm specializing in architecture, interior design, planning, engineering, environmental sciences, project management and project economics for buildings and infrastructure.
Located in the Clarendon submarket of Arlington, 3001 Washington Boulevard is an eight-story, Class A property with over 94,000 square feet of rentable space. It is situated two blocks from The Market Common at Clarendon, an outdoor, mixed-use development, which provides tenants with access to over 45 restaurants and numerous shopping options.
Additionally, the property is one block from the Clarendon Metrorail Station which allows tenants easy access to the Rosslyn Ballston corridor and downtown Washington, D.C. 3001 Washington Boulevard offers various onsite amenities, including a common rooftop terrace, private terraces on the fifth and eighth floors, an underground parking garage and loading docks with fright elevator access.
The property is also home to Orangetheory Fitness, an amenity that offers tenants and nearby residents access to fitness classes that combine heart-rate based treadmill interval training, indoor rowing and weight training.
“We are looking forward to welcoming Stantec’s Northern Virginia staff to 3001 Washington Boulevard,” said Stephen Close, senior vice president at KBS and asset manager at the property. “We hope that our strong amenity program and focus on work/life balance continue to attract innovative and global companies.”
Steve Hoffeditz, Wes Evans and Ed Clark of Newmark Grubb Knight Frank represented KBS REIT III and Steve Burman, Brian F. Connolly and DJ Goldberg of Jones Lang LaSalle represented Stantec Consulting Services in the transaction.