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January 11, 2008


Sponsor Update:  Been noticing all the construction activity at 1225 Connecticut Ave., the old Ernst & Young building? Brookfield Properties is doing a complete renovation, expanding floors to make it 220k SF of office and a real trophy when it delivers this October.

For the record, we didn’t go for the dough.  But the fact is, Cassidy brokers were giving away money orders for $111.11 in a cute little cardboard “lock box” to brokers who showed up yesterday at  11111 Sunset Hills Road (get it?) in Reston.  Part of the Beacon portfolio, it was originally built for XO Communications, but since they’ve downsized and moved out, the property has 165k SF available.  Above, Grubb & Ellis’ Norm Corkhill, Cushman’s Anne Rosenau, Cassidy’s Spencer Stouffer, Cushman’s Dean Stiles (hot shot tennis player, fyi) and Cassidy’s Marty Almquist. A good thing it’s not a six digit address.

Builders' Ball


We met up with OPX’s Barbara Mullenex yesterday in front of—well, we guess you can read the sign.  OPX is doing the interior architecture for all the rooms and public space during the impending renovation (slated to start end of this year, ready by end of ’09).  That’s no mean feat:  the Hilton has the largest ballroom between NYC and Atlanta.  OPX’s vision is to make the 44-year-old hotel more of destination – a place you’d pop in for a drink after work. Plus, they want to address community issues like traffic, loading, and parking.   Barbara told us the remodel team was out in force behind the scenes during Fight Night observing back of house operations. 


We thought we’d never want to see another party after our hot and heavy rounds over the holidays, but whadya’ know, we’ve had withdrawal symptoms. Thankfully, developer MRP came to the rescue last night at Clyde’s Gallery Place.  It was billed as a winter party, but they were also celebrating their first 2.5 years, during which they’ve placed over 5M SF under development.  Above, MRP founder Bob Murphy with Goldman Sachs’ Larry Goodwin and Archon Group’s Bob Milkovich.  Bob’s sporting a tan after a holiday in Costa Rica.  Larry’s paler because he chilled out at his house in Maine.


Question – how does Lincoln Property Company’s John Benziger maneuver his way into the middle of all these ladies?  From left, Cassidy’s Ashley Allen, CBRE’s Kristen Braun, Cushman's Kerri Mulligan Salih, and MRP’s Jennifer DeMeo?   MRP’s currently going through entitlement for Potomac Yard Town Center (3 hotels, 5 office buildings, 400+ residential units, and 160 SF of retail, with Phase 1 to break ground in early ’09). They’re also going to planning commission later this winter for what’s temporarily dubbed “Tysons Tower.”  The 540k SF spec office building will break ground Q4 '08 and go in the site of the old Gannett baseball field.


Who was this brand new 2nd Lieutenant during a training exercise for M-60 machine guns at Camp Pendleton, California, in 1983?  Amazingly he is still with us even though he seems to be taking his eye off enemy combatants.  (Hint:  Rhymes with Lawn Lugano and the first three initials of the company he heads here are CBR.) 


We understand the pretty hilarious Bill Gates video we referred you the other day (which he showed during his Las Vegas speech Elliott attended) was down intermittently.  Here’s a different link to use.

Reznick Group
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