Lincoln Property Company, in partnership with the Friedman Capital, is pleased to announce that Pennoni has chosen Village at Leesburg for their new office location with a lease of 9,593 SF.
Pennoni is a multi-disciplined engineering and information technology consulting firm that provides personalized services and solutions to meet the needs of their diverse clients. Pennoni provides services that include Smart Technology, utilities, energy, facilities management and transportation, to local, state, and federal government. Their clients include private, commercial, industrial, professional firms and construction companies.
“Pennoni chose to consolidate its two northern Virginia offices and move to the Village of Leesburg,” said Susan Wolford, regional Vice President of the company. “This location is central to the markets we serve and will provide our staff with a wide variety of amenities and services as well as a customized office layout that focuses on the safety of our employees and our future growth opportunities. We are all very excited to get into our new space!”
The Village at Leesburg development is a 1.2 million square foot, mixed-use, lifestyle center situated on Route 7 in Loudoun County. This unique “live-work-play” property, anchored by Wegmans, makes Village at Leesburg the destination of choice for businesses seeking locations in the Northern Virginia suburban sub-market.
In recent months, Loudoun County’s office market outperformed other office markets in the Washington DC metro area. Loudoun was one of the few markets in Northern Virginia where office vacancy actually decreased. In addition, the county is ranked as one of the Top 10 Places to Live in the U.S. by 24/7 Wall Street and is known for its technology businesses and highly educated employee base.
“Workplace environments are changing due to the pandemic,” said Eamon McCrann, Senior Vice President of Lincoln Property Company’s VA Leasing team. “There are many companies looking for an office with all the benefits of an urban environment, in close proximity to their homes. We’re so glad that Pennoni and others have found those qualities in the Village at Leesburg.”
To learn more about the Village at Leesburg offices, please reach out to Eamon McCrann, Brenda Sosa or Neil Alt at 703-522-4600.
ABOUT LINCOLN PROPERTY COMPANY
Lincoln Property Company, founded in 1965, is a Dallas, Texas based global real estate company with offices in more than 450 cities in the United States and ten cities throughout Europe. As a one of the largest privately held, full-service real estate firms in the U.S., it provides real estate investment and acquisition, property management, engineering and facilities management, development, construction management, and brokerage services worldwide. Lincoln Property Company currently has $30 billion in total assets under management and has developed 138 million square feet of office, residential and industrial space. For more information on Lincoln Property Company, please call 202.513.6700 or www.lpcwashingtondc.com.
ABOUT FRIEDMAN CAPITAL
Friedman Capital is a real estate investor, owner and operator. Founded in 2008, the firm has decades of combined experience in all real estate investment positions, including acquisitions, joint ventures, debt financings and recapitalizations. The firm’s principals have honed a consistent ability to identify and execute off-market opportunities and to manage complex value-add situations to completion. Friedman Capital is headquartered in Washington D.C. with satellite offices in Charleston, Chicago, Florida, Detroit, and New York City.
