State Dept. leases 1701 North Fort Myer Drive for 15 years

The U.S. Department of State has signed a lease renewal for the 1701 North Fort Myer Drive building for a 15 year term. The State Department will also be taking all the remaining space at 1200 Wilson Boulevard from the landlord Rosslyn, Virginia-based Monday Properties. As part of the new lease the two properties will be combined into one office campus totaling 343,000 square feet. Austin Freeman, Senior Vice President of Asset Management at Monday Properties said, “We’re looking forward to our continued partnership with the State Department. The 15-year renewal exemplifies how important Rosslyn’s proximity to D.C. and government agencies is for both private and public sector tenants. The renewal allows the government user groups to build upon the already significant core infrastructure investment in the facility.”