EDGE Experience Diligence Guidance Execution


EDGE Technology Client Clarabridge Renews Lease, Takes Additional 23,000 SF at 11400 Commerce Park Drive in Reston

Tysons Corner, Va. – EDGE Commercial Real Estate announces today the early lease renewal and expansion of client Clarabridge, a customer experience management technology company, at 11400 Commerce Park Drive in Reston, Virginia.

Previously occupying 21,000 square feet at the Class A Vornado Realty Trust building, Clarabridge added an additional 23,000 square feet to total 44,000 square feet. “Clarabridge has been growing very aggressively over the past several years and evaluating their long-term plans. It made the most sense for them to expand and extend earlier than planned,” says Scott Mendelson, EDGE Principal. The 11-year lease renewal will enable Clarabridge to take advantage of its direct proximity to the Wiehle-Reston East Silver Line Metro Station.

Terms of the lease include significant tenant build-outs on the third and fifth floors of the building, car charging stations, and an improved fitness facility. “We were able to help Clarabridge take advantage of the tenant-friendly market, substantially reduce their occupancy costs per employee and create an opportunity for them to grow over the next decade,” says Marc Balamaci, EDGE Principal.

Posted in Edge CRE