Real Estate Journal — October 25 - November 7, 2019 — 5A
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M id A tlantic
M id A tlantic R eal E state J ournal Lesh, Stange & Loughlin represents Whitestone Associates in 11,871 s/f lease inWarren, NJ
JLL brokers $69.75 million sale of 1120 G Street in Washington, DC
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was acquired by Griffin Capi- tal in October 2013. The five- story office building, located near the intersection of Mar- tinsville Road and Indepen- dence Blvd., offers immediate access to Interstate 78 and is close to other major freeways including I-287 and I-95. Ownership has launched a multimillion capital improve- ment program designed by Studio1200 that includes a new prominent, branded entrance, exterior landscap- ing, expanded parking, a new lobby, and a grand staircase leading to a redeveloped ame- nity level.
A S H I NGTON , DC — JLL closed the $69.75 million
sale of 1120 G St., a 134,964 s/f, 10-story office building located in Washington, DC, to a Credit Suisse Asset Management Global Real Estate fund. 1120 G St. is situated on a prominent corner lot adjacent to Metro Center in the heart of the East End submarket, which is downtown Washing- ton, D.C.’s largest and stron- gest performing submarket. 1120 G St. offers 13,000 s/f floorplates and is 75% leased to 13 tenants. The JLL Capital Markets team representing the seller was led by Jim Meisel, Matt Nicholson, Andrew Weir, Stephen Conley and Dave Baker. Lacy, Ltd. advised the buyer. Deal secured by Holliday Fenoglio Fowler LP (“HFF”) prior to being acquired by JLL on July 1, 2019. Co-brokerage services provided by Jones Lang LaSalle Americas, Inc. WARREN, NJ — JLL has completed a new transaction for Whitestone Associates Inc. at 30 Independence Blvd. in Warren, NJ, with build- ing owner Griffin Capital Essential Asset REIT II Inc. The environmental and geotechnical engineering and consulting firm leased 11,871 s/f at the class A, 207,252 s/f office building. Whitestone Associates was represented by Scott Lesh , managing director; Scott Stange , senior vice president; and Daniel Loughlin , vice chairman. Griffin Capital was represented by Timothy Greiner , executive managing director and head of agency leasing for JLL in New Jersey; Daniel Spero , managing director; and Dennis McCon- nell , executive vice president. “Whitestone is creating a workplace environment that will help promote collabora- tion and employee engage- ment,” said Lesh. “The envi- ronmental and geotechnical engineering and consulting firm found 30 Independence Blvd. to be a great fit because it can accommodate all of Whitestone’s specialized staff and operations under one roof.” “We’re thrilled to be able to maintain our corporate headquarters in Warren,” said Thomas Uzzo , president of Whitestone. “The newly
remodeled offices at 30 Inde- pendence Blvd. will allow us to better serve our expanding 1120 G St., Washington DC
Independence Blvd. in Warren, NJ
client base while offering em- ployees a much-improved work environment with exceptional
amenities.” The six-story 30 Indepen- dence Blvd. in Warren, N.J.,
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