TYSONS, VA., Jan. 31, 2019 (GLOBE NEWSWIRE) -- Transwestern today announces Boston Properties has retained the firm to provide leasing services for the Urban Core of Reston Town Center, one of the first and most successful neo-traditional, walkable, mixed-use developments in the country. The Urban Core is comprised of more than 2.5 million square feet of office and 450,000 square feet of retail space. The office leasing team is led by Senior Vice President Alex Hancock and Executive Vice President Joe Ritchey, who has worked on Reston Town Center for over 29 years.
“Transwestern is honored to have the opportunity to lease the most important urban mixed-use project in all of the Washington region,” said Hancock. “Reston Town Center has always been a location with unparalleled ability to help organizations recruit, retain and maximize the productivity of their world-class workforces.”
Reston Town Center is a community destination, offering more than 50 shops, 30 restaurants, an 11-screen cinema, open-air pavilion, luxury residences, and a four-diamond Hyatt Regency hotel. With the addition of the new Silver Line Metro station and a continual elevation of both the neighborhood’s shopping and dining scene, Reston Town Center is the premier location to attract and retain employees.
Due in part to Leidos’ consolidation at 1750 Presidents St., the Urban Core will have significant availabilities coming to market in the next few years. The new leasing engagement by Boston Properties comes at the same time as a major rebranding initiative at Reston Town Center.
“This year will hold exciting changes for Reston Town Center,” says Katie Yanushonis, Vice President, Leasing at Boston Properties. “Our investment in the branding and placemaking of Reston Town Center will help maintain its place as the leading mixed-use development in the United States.”
ABOUT BOSTON PROPERTIES
Boston Properties (NYSE: BXP) is one of the largest publicly-traded developers, owners and managers of Class A office properties in the United States, concentrated in five markets - Boston, Los Angeles, New York, San Francisco and Washington, DC. The Company is a fully integrated real estate company, organized as a real estate investment trust (REIT), that develops, manages, operates, acquires and owns a diverse portfolio of primarily Class A office space. The Company’s portfolio totals 52.7 million square feet and 200 properties, including fourteen properties under construction.
ABOUT TRANSWESTERN
Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Asset Services, Occupier Solutions, Capital Markets and Research, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Transwestern has 33 U.S. offices and assists clients from more than 219 offices in 37 countries through strategic alliances with France-based BNP Paribas Real Estate and Canada-based Devencore. Experience Extraordinary at transwestern.com and @Transwestern.
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