Arlington Extends 235k SF Courthouse Lease With Vornado For 15 Years

2100 Clarendon Boulevard Arlington County

After looking at new options for its government offices, Arlington County has decided to stay put in Courthouse.

The county will extend its 235k SF lease at 2100 Clarendon Blvd., which it has occupied since 1989. The 15-year lease will reduce the annual rent the county pays from $11.5M to $9.8M.

Vornado, the building's owner, will provide the county with a tenant allowance of $23.7M as part of the deal. It will also allow the county to expand the building to create a day care facility. The long-term plan for the neighborhood envisions the county building a new administrative building, which it will have another decade and a half to consider under the new lease.

"We conducted an exhaustive search and study of available options, and this truly is the best deal we found," Arlington County Board chair Jay Fisette said. "Under the lease terms, we will be able to restructure our work environment here at Courthouse Plaza to provide even better service to our residents and businesses.”

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

270-Unit Manassas Gated Community Sells: The D.C. Deal Sheet

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject

Private Equity Firm Buys Former Texas Instruments Campus For New Headquarters