Potomac, MD - Foulger Pratt, owner and developer, announced today that Avison Young, the world’s fastest commercial real estate services firm, has been awarded the exclusive leasing assignment for the office portion of the iconic Tysons Central development located in Tysons, VA.
Tysons Central’s office component is the epitome of next generation, smart workspace. The 350,000 sf Gensler designed office tower features 25,365 sf to 27,495 sf column-free floorplates, an eighth-floor sky lobby, which includes a tenant-exclusive conference facility and outdoor terrace with unobstructed panoramic views of Tysons, and a private roof terrace on the tower floors. The state-of-the-art penthouse fitness center is particularly unique given the location on the top floor of the building, with floor to ceiling windows. The building’s design assures LEED Gold Certification, as well as Wired Score Gold Status.
Tysons Central is situated just 70 steps from Greensboro Metro, and is an integral piece in the transformation and redevelopment of Tysons. Tysons Central will feature the 350,000 sf premier office space with 25,000 sf of ground level retail, and, at full buildout, will include 1,100 residential units, 200 hotel rooms, and up to 146,000 sf of additional destination-worthy retail. Together with The Boro, Tysons Central will redefine the western end of Tysons, establishing a new landmark by and creating a vibrant, engaging and walkable urban village.
“We are thrilled to have selected Avison Young to represent Foulger-Pratt on this exciting project, situated in a prime location in the heart of the prestigious Tysons market,” says Bryant Foulger, Managing Principal of Foulger Pratt. “This highly amenitized building with outstanding views and access will no doubt be appealing to a variety of tenants.”
Foulger Pratt has selected Avison Young Principals, Dave Millard, Mike Shuler, Peter Berk, and Nick Gregorios to represent them in lease negotiations with prospective tenants. The Avison Young team has a combined track record of more than 80 years and over five million square feet of successful transactions in Northern Virginia.
“We consistently hear from prospective tenants about their desire for high-quality office space at major transit hubs with amenities and accessibility for employees,” comments Millard. “We are thrilled with this assignment and see Tysons Central as an excellent choice for tenants.”
Construction on the office building is slated to begin in 2018, with an anticipated delivery two years later.
Experience the Tysons of Tomorrow – Today.
Established in 1963, Foulger-Pratt is one of the most successful and respected real estate investment firms in the Washington, D.C. area. Foulger-Pratt is a vertically integrated firm, specializing in development, construction, and property management. With an exclusive focus on the Washington, D.C. area, Foulger-Pratt understand, and integrates area market trends and timing in order to develop vibrant, lasting communities.
With an emphasis on urban infill, and transit oriented developments, Foulger-Pratt’s extensive experience across all project types and through the entire project’s lifecycle enable the firm to execute fully comprehensive mixed-use developments and create long term value. Foulger-Pratt has a diverse portfolio and to date has developed and managed over 4 million square feet of office and retail, and 3,500 multi-family units.
Privately-owned and staffed by some of the industry’s most talented professionals, Foulger-Pratt builds success through smart, principled leadership. Foulger-Pratt believes in creating properties that benefit all stakeholders. At Foulger-Pratt, We Build to Last.
For more information, visit www.foulgerpratt.com.
About Avison Young
Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,400 real estate professionals in 80 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties.