GSA Renews 88K SF Department of Interior Lease In Herndon

381 Elden St. Herndon Stream REalty
Courtesy: Stream Realty Partners
The Lobby In Herndon's 381 Elden St.

The Department of Interior will continue to anchor a newly renovated Fairfax County office building through 2024.

The General Services Administration renewed its 88K SF lease with Stream Realty Partners at 381 Elden St., a 184K SF Herndon office building. Government leasing specialist FD Stonewater brokered the deal.

Stream Realty, a Dallas-based real estate services firm that hired Matt Pacinelli in January to grow its D.C. presence, acquired the building in 2015. It was 49% leased at the time, but has reached 92% following extensive renovations.

The landlord partnered with Hickok Cole and Hoar Construction and spent $5M repositioning the building, which was built in the 1980s and does not sit near a Metro. Stream added an 80-person conference center, a fitness center, new building entrances and a revamped lobby. The firm rebranded the building as Dominion Point and is celebrating the grand opening of its renovated areas this month.

In January, Stream extended the Department of Interior's existing lease by 30K SF, bringing it to the 88K SF footprint it just renewed through 2024. It has also signed TJX Cos. for 14,500 SF and Fairfax Family Practice Centers for 23K SF.

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