Computer Packages Inc Signs 25k SF Lease In Rockville

11 N Washington Rockville
Photo credit: Courtesy: CBRE

Computer Packages Inc has signed a lease to move its HQ to 11 North Washington St in downtown Rockville, with CBRE brokering the deal.

The tenant signed a long-term, 25k SF lease in the 97k SF downtown Rockville building (above) owned by Investment Properties. Computer Packages, repped by Scheer Partners' Nate Crowe, moved quickly to sign the lease and filled 8k SF just three days after signing. It will occupy the remaining 17k SF in the near future. It is moving just a few blocks down the road from its previous Rockville office.

Investment Properties hired CBRE to find tenants for the 16-year-old building three months ago, when it was roughly 75% occupied. With this lease, the brokerage firm has already brought the building to full occupancy.

“This was one of the most expedited and strategic headquarter relocation deals,” CBRE VP Ben Powell said in a release. “From tour to lease to signature, the entire process took less than 30 days. Not only did the tenant need a portion of their space for immediate use, but we had to assemble their requirement throughout the building as other vacancies rolled.”

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