Booz Allen Signs On For 65K SF At JBG Smith's Downtown Bethesda Project

JBG 4747 Bethesda Ave
Courtesy of JBG Smith
A Rendering Of Jbg Smith's Planned Development At 4747 Bethesda Ave.

Just one day after Host Hotels & Resorts announced its plans to move to JBG Smith's new Downtown Bethesda project, another D.C.-area company is following suit.

Booz Allen Hamilton signed a 65K SF lease at 4747 Bethesda Ave. and plans to move about 750 employees to the new building when it is completed in 2019, the Washington Business Journal reports.

The McLean-based consulting firm will move its Montgomery County workers from its 82K SF office at One Preserve Parkway in Bethesda. CBRE's Donna Gravely, Gareth Hallam and Brad Wilner represented Booz Allen.

Host Hotels signed a 55K SF lease at the project and plans to move its HQ from Rock Spring Business Park in 2019. JBG Smith also announced plans earlier this year to move its HQ from Chevy Chase to 80K SF in the new development. The new leases bring the 287K SF office building to 71% leased.

The development, between retail center Bethesda Row and the future western terminus of the Purple Line at Carr Properties' Apex Building project, will include gourmet market Dean & Deluca in a two-story retail component.

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

Cross Ocean Partners, Fuller Realty Acquire 829K SF Houston Office Campus

NYC Office Investor Warns It Could Go Under As Defaults Pile Up

Deutsche Bank Takes 5 Floors At Oaktree And Quadrant's Canary Wharf Scheme

Coconut Grove Office Flipped For $15M Gain After One Year

D.C.'s Office Market Is Getting A Makeover

Oxford Properties Pays $435M For Boston Office Tower, Eyes More Deals

Judge Rules FBI Can't Scrap Maryland Headquarters Plan

EXCLUSIVE: Opal Holdings' Former 700K SF Suburban Chicago Office Campus Hits The Market

CGI Merchant Had A-Rod's Backing And A $650M Fund. Then It Bought Trump's D.C. Hotel And It All Fell Apart

Judge Approves $70M Sale Of Philly's Largest Office Complex

Brookfield Offloads 3-Building Silver Spring Office Complex

Wildfires Reignite Case For Landlords To Invest In Air Quality