Danya International Renews & Expands Lease at Atlantic Realty’s 8737 Colesville Road in Silver Spring, MD; 123,417 SF Building is Now 100% Occupied
SILVER SPRING, Md. — In one of the largest lease deals in Silver Spring, MD this year, Danya International, Inc., a health and human services consulting firm, renewed and expanded its space at Atlantic Realty’s 8737 Colesville Road, bringing the 12-story, 123,417 SF building to full occupancy. The company increased its lease by over 20,000 SF, going from 13,958 SF to 34,312 SF. Glenn Meltzer and Todd Sherbacow of The Ezra Co. represented the tenant, and Carl B. Taylor of Atlantic Realty represented the landlord.
Joining Danya International at 8737 Colesville Road is The Koba Institute, which took the last remaining block of space totaling 4,435 SF; Dietzel, Butler & Associates, LLC, leasing 1,368 SF, and Cortina & Lenkerd, which took 1,229 SF. Each was represented by Mark Spungin with Corporate Realty Advisors.
“Business leaders recognize that downtown Silver Spring is now a vibrant, dynamic market that offers a great location and excellent value. Vacancy is fast approaching 8%, down from 18% in 2002, as more tenants become aware of the leasing opportunities Silver Spring offers,” said David A. Ross, partner at Atlantic Realty.
Additional Silver Spring Lease Deals
With Connex NA and First Residential Mortgage signing leases for 5,667 SF and 3,451 SF respectively, Atlantic’s 8757 Georgia Avenue is now 85% leased. Robert Pugh with Scheer Partners represented Connex, with First Residential Mortgage negotiating directly with Atlantic. At 801 Roeder Road, International Mobile renewed its lease for 11,290 SF, with Robert Rossi and Brian Rossi of Transwestern Commercial Services representing the tenant.
Based in Vienna, VA, Atlantic Realty Companies (www.arcrealty.com) is one of the Washington, DC region’s ten largest real estate developers with a portfolio of over six million square feet valued at more than $750 million. Since its founding in 1992, the company has earned numerous awards including the Ernst & Young Greater Washington Entrepreneur Award in Real Estate/Construction. Its brokerage organization was recently named to the Washington Business Journal’s list of Largest Commercial Real Estate Leasing Companies.
For more information on leasing opportunities at Atlantic properties in Silver Spring or other locations in Montgomery County, contact Carl Taylor at 703-760-9500 or firstname.lastname@example.org
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