EY Moving to Trophy Tysons Building

EY (formerly Ernst & Young) is moving Tysons addresses. The services firm has agreed to lease 125k SF in 1775 Tysons Blvd, the under-construction trophy office building from Lerner Enterprises. The 476k SF, 17-story building is expected to be completed by the end of this year, when it will become the first LEED Platinum building in Tysons. Lerner principal Mark Lerner called EY an "iconic tenant" for its newest trophy building. while EY will receive a $1.3M grant from Gov. Terry McAuliffe to stay in Virginia. It will expand from 8484 Westpark Dr, adding a planned 463 jobs and $12.6M in investment over the next three years. DC and Maryland were hoping to pry EY from Tysons, but the lure of the newest building in the Corporate Office Center at Tysons II, plus a seven-figure incentive package, was just too great. Cushman & Wakefield brokered the deal.

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

Tenant Departure Leaves Beleaguered Broad Street Office Over Half-Vacant

Piedmont Realty Exiting Houston Market With Office Dispositions

Suburban D.C. County Weighs Microhousing As Affordability Salve

'It's A World Of Winners And Losers': New Edge CEO Plots Future In A Changed Office Reality

Broward Lures Office Tenants Away From Miami-Dade

ISIF Commits €100M To IPUT's €500M Office Development Pipeline

Salesforce Plans Innovation Hub Downtown: The D.C. Deal Sheet

Morningstar Releases New Details On Over 350K SF In Q3 Office Leases

Master Plan Is Underway For Southwest D.C., Chief Federal Planner Says

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

'Distress Is Finally Trading': Investors Chasing Big Discounts On Boston Office

Office Recovery Moving Faster Than Expected, CoStar Finds