Federal Realty Lands Tenant For Top Floor Of New Pike & Rose Office Building

Federal Realty's newly delivered 909 Rose office building at the Pike & Rose development.
Bisnow/Jon Banister
Federal Realty's Newly Delivered 909 Rose Office Building At The Pike & Rose Development.

A technology company has signed onto the top floor of the spec office building Federal Realty Investment Trust delivered last year at Pike & Rose.

United Solutions inked a 20,602 SF lease for the 11th floor of the 909 Rose office building in North Bethesda, Federal Realty announced Monday.

The company is currently based at 51 Monroe St. in Rockville, and the lease represents a relocation and an expansion, a Federal Realty spokesperson said. United Solutions has a variety of technological products involving blockchain, artificial intelligence and automation.

“Our success has enabled us to expand our reach, and subsequently, expand our workforce," United Solutions CEO David Nguyen said in a release. "We look forward to growing in a state-of-the-art space and amenity rich neighborhood that will enhance employee morale, recruiting and engagement.”

Federal Realty delivered the 11-story, 212K SF office building last summer, and the REIT moved its own headquarters into the second and third floors. It signed its first tenant in June, a 16K SF lease with advisory firm OneDigital. Last month, it signed an agreement with Industrious to operate a 43K SF coworking space in the building.

JLL's Bernie McCarthy, Andrew Masters and Danny Sheridan are representing the landlord in leasing the building. The latest lease brings it to about two-thirds occupancy.

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

Digital Media Firm Pivots To AI, Abandons $160M Fort Lauderdale Studio Project

State Farm's 1.1M SF Suburban Atlanta Hub Put Up For Sale

Tennessee University Plans Campus In Chamblee: The Atlanta Deal Sheet

Developer Pays $7M For Planned Old Town Conversion: The D.C. Deal Sheet

Ruben Cos. Says It Can't Sell, Finance Navy Yard Multifamily Project

D.C. Court Tosses Lawsuit Over Proposed Rent-Freeze Ballot Initiative

Defense Tech Firms Setting Up Shop In Trump Family's Palm Beach Orbit

Google Delays Thompson Center Opening To 2028, Releases New Renderings

Loudoun County Moves To Pause Data Center Applications For 12 Months

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

DivcoWest Sells Glendale Office Building For $70M

Hines And Rialto Close Office Credit Fund At $1.1B