12:00 PM
Newmark announced it has been awarded the exclusive leasing assignment for 2001 North Beauregard at Mark Center in Alexandria, Virginia, a 12-story, 240,000-square-foot, Class-A office building. Guardian Life Insurance Company of America (Guardian) recently acquired the 68 percent leased building and will be executing upgrades to the common areas while preparing vacant suites to be marketed for leasing.
On behalf of ownership, the building is being marketed for leasing by Newmark Executive Managing Director Andy Klaff, Managing Director Jeff Tarae and Associate Dominic Orcino.
“With Amazon headed to National Landing, the time is right for 2001 North Beauregard, which offers tremendous value to technology companies, government contractors and non-profits looking for efficient, move-in-ready office space along the I-395 Corridor,” said Newmark’s Klaff. “The building is walkable to numerous restaurants, the Hilton Hotel, multiple public transportation alternatives and the Winkler Botanical Preserve.”
The commuter-friendly building is proximate to I-395 and the Mark Center Transit Station, which provides bus access to the Metro’s Blue and Yellow lines in addition to a free shuttle to and from the Pentagon City Mero station. 2001 North Beauregard also provides tenants the unique luxury of unobstructed views with half of the building overlooking the Winkler Botanical Preserve and its recreational trails.
“We are pleased to work with Newmark in leasing the balance of 2001 North Beauregard,” said Guardian. “Newmark has brought a deep bench to the assignment to ensure that the market knows about our quality office space and that the building is institutionally owned and operated. Guardian is responsive and has the necessary resources to meet the needs of today’s tenants.”
About Guardian
Every day, Guardian provides Americans the security they deserve through our insurance and wealth management products and services. Since our founding in 1860, our long-term view has helped our customers prepare for whatever life brings whether starting a family, planning for the future or taking care of employees. Today, we’re a Fortune 250 mutual company and a leading provider of life, disability and other benefits for individuals, at the workplace and through government sponsored programs. The Guardian community of 9000 employees and our network of over 2750 financial representatives is committed to serving with expertise when, where and how our clients need us. Our commitments rest on a strong financial foundation, which at year-end 2017 included $637 billion in insurance in force and $71.5 billion in assets under management. For more information, please visit www.guardianlife.com or follow us on Facebook, LinkedIn, Twitter and YouTube.
About Newmark
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark Group”) (NASDAQ: NMRK), is one of the world’s leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 16,000 professionals operate from approximately 430 offices on six continents. Newmark’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.
Discussion of Forward-Looking Statements about Newmark Group
Statements in this document regarding Newmark Group that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. Except as required by law, Newmark Group undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark Group’s Securities and Exchange Commission filings, including, but not limited to, any updates to such risk factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.