Insight

Cresa Washington DC Represents Marine Spill Response Corporation in 19K SF Lease Extension in Herndon, VA

February 2, 2016

February 2, 2016 (Washington, D.C.) – Cresa Washington DC recently represented the Marine Spill Response Corporation in a 19,229-square-foot early lease extension of its headquarters at 220 Spring Street in Herndon, VA.  Cresa is the world’s largest corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of integrated services.

The Marine Spill Response Corporation, a not-for-profit, U.S. Coast Guard-classified Oil Spill Removal Organization, will continue to occupy a portion of the first floor of the Class A office space. The 140,000 square-foot, five-story building is located in Enterprise Office Park. 

William Tidwell of Cresa represented the tenant in the transaction. According to Tidwell, Cresa restructured the lease to include more favorable terms and a tenant improvement allowance

The landlord, Northwest Federal Credit Union, was represented by Brian Ball and Jack Regler from KLNB.

Cresa has area offices in the District of Columbia; Baltimore, MD; Bethesda, MD; and McLean, VA.