St. John Properties Lands 65K SF HQ Lease In Ashburn

St. John Properties Ashburn Crossing CIS
Courtesy: St. John Properties
St. John Properties' Ashburn Crossing, Where It Signed Cis For 65K Sf

St. John Properties has just lured a computing company to move its HQ to Ashburn Crossing, an 81-acre flex-office park it is developing along the Dulles Toll Road.

CIS Secure Computing signed a 65K SF lease at the property and plans to move in early 2018 from the four spaces it occupies in Sterling that total 48K SF.

With the expansion, CIS will occupy the full 45K SF building St. John has completed at 21100 Ashburn Crossing Drive and will take about 75% of the 29K SF building at 21050 Ashburn Crossing Drive, expected to deliver in March.

St. John began the development with a pair of one-story 45K SF buildings and leased the first one to seven small tenants before signing CIS for the second. With 16- to- 18-foot ceilings, the buildings have a combination of office and research and development space.

Upon signing the CIS lease, St. John will begin spec construction on three additional buildings totaling 96K SF. It will also begin the entitlement process for three more similarly sized buildings.

"Leasing is brisk," St. John Regional Partner Matt Holbrook said. "We're just going to keep building because we're confident in demand."

At full build-out, the 81-acre site is planned to include 700K SF of development with a mix of flex-office space and retail. The park sits just off the Dulles Greenway, less than 10 miles north of Dulles International Airport and within five miles of the future Loudoun Gateway and Ashburn Silver Line stations.

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

Elecor, Formerly Paramount Group, Gains New Muscle With Rithm In Its Corner

'Ultra-Luxury' Inner Loop Office Tower Planned Near The Galleria

Dean Adler Looks To Sell 'The Best Property We Own'

2.1M SF Chicago Office Complex Set For November Sheriff's Auction

2 Fulton Market Moves Signal Strength Of Top-Shelf Office Market

Sir George Iacobescu Has A Message For Developers Sitting On The Sidelines

Bowser Wants To Lock In A $550M Spa Before She Leaves. D.C. Council Members Are Pushing Back

Downtown Conversion Lands Construction Loan: The D.C. Deal Sheet

JPMorgan's Chicago Office Renovation Costing Bank Over $800M, Dimon Says

BXP Lands Equity Partner For Madison Avenue Office Project

High-Profile CBRE Chicago Exits Continue As 3 More Leave For Cushman & Wakefield

Foreclosure Suit Filed At Stalled Penn Plaza Life Sciences Project