PAE Leases 71,122 SF at 1320 N. Courthouse Rd in Arlington, VA
Photo Courtesy of LoopNet
PAE has leased 71,122 square feet of new office space at the MetLife building leased by Avison Young at 1320 N. Courthouse Road in Arlington, VA.
Dennis Tapiero, Senior Vice President, and Tom Birnbach, Managing Principal, of Cresa Washington DC represented the tenant in the move.
PAE, once a subsidiary of Lockheed Martin, sought a new headquarters site to leverage its independent brand and provide one centralized space for about 260 local employees, who are currently spread throughout four separate office locations in the greater DC region.
This move reflects a growing trend in commercial real estate demands for government contractors, as companies seek to foster a more collaborative team culture and maximize their use of open work space.