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PERIMETER DEVELOPMENT CONTINUES

PERIMETER DEVELOPMENT CONTINUES
EaslanCapital Protective Life Insurance Todd Syprett 5620 Glenridge Drive retail Wood Partners
Speaking of Easlan Capital, dirt is moving  again at the former Crawford & Co. building at 5620 Glenridge Dr. Easlan's  Todd Syprett says the owner, BTIC Glenridge (an investment group related to Easlan), has green lit the construction of a parking deck  and a 20K SF retail center that is already 50% preleased to undisclosed tenants, including an eatery. Wood Partners also is expected to develop (gasp!) a 168-unit apartment project called Alta Glenridge Springs at the site. And while the 84.5K SF office building is shelled and empty, Todd says the activity has raised  tenant awareness in the property again. ?Since we cleared the site about a month ago, we've gotten a flurry of activity,? he says (Colliers International's Hugh Pafford is leasing or selling the office portion). Crawford & Co. vacated the property in '07, a year after Easlan purchased it from them. At the time, Crawford entered into a short-term lease with Easlan so it could find a new HQ building. It has remained empty since Crawford left.
WASHINGTON DC 10.19.2017

THE FAIRFAX COUNTY STATE OF THE MARKET

Development Pipeline and Current Projects

Katherine Bonnafé
Combined Properties
Greg Trimmer
JBG SMITH
Alex Nyhan
First Washington Realty
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