Edge, a full-service commercial real estate firm with offices across the Mid-Atlantic and was recently acquired by KLNB, announced today that The Washington Metropolitan Area Transit Authority (WMATA) has renewed its 32,239-square-foot lease with Bristol Capital Corporation at 8100 Professional Place in Landover, Md.
Kenneth Fellows, and Robert Pugh, both Partners with Edge Advisory Services, as well as Edge Transaction Manager Keiry Martinez, represented the tenant in the transaction.
8100 Professional Place, also known as One Metro Plaza, is a three-story building containing approximately 60,000-square-feet of commercial office space. Built in 1979, the asset features 19,000-square-foot floorplates and an adjacent surface parking lot that can accommodate 260 vehicles. It is located adjacent to I-95 and I-495, as well as US Route 50.
Edge also recently represented WMATA in the 90,473-square-foot lease of 6304 Sheriff Road in Landover, Md. In late 2021, Edge represented WMATA with its 17,500-square-foot lease at 8301 Professional Place, also in Landover.
“WMATA maintains operations within multiple locations in the Landover submarket and renewing its lease at 8100 Professional Place was the most prudent and cost-effective decision for the agency,” stated Robert Pugh of Edge. “Close proximity to their New Carrolton headquarters was important to WMATA, and its position directly off the Capital Beltway makes the location convenient for its partners and vendors situated throughout the greater Washington, D.C. metropolitan area.”
WMATA is a government agency with oversight of the mass transit system that operates throughout the greater Washington, D.C. metropolitan region including Maryland and Virginia. This includes the Metrorail rapid transit service, the Metrobus fixed-route bus service and the MetroAccess paratransit service. The authority also operates the DC Circulator bus system through a public-private partnership.
Edge is a commercial real estate firm providing a full complement of advisory, leasing, investment sales, management, construction, property management and engineering services to clients throughout the Washington, D.C., Maryland, and Northern Virginia markets. Edge was
recently acquired by KLNB. For additional information, visit www.edgecre.com. To learn more about KLNB, visit www.klnb.com.
I95 Business article can be found here.
The Daily Record article can be found here.
Commercial Observer article can be found here.
Mid Atlantic Real Estate Journal article can be found here.