Insight

Cresa Washington DC Represents Matrix Group International in 12K SF Lease of Headquarters in Arlington, VA

December 9, 2016

Cresa Washington DC recently represented Matrix Group International, Inc. in a 11,591-square-foot lease renewal of its headquarters at 2711 Jefferson Davis Highway in Arlington, VA. Cresa is the world’s largest corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of integrated corporate services.

The web design and hosting company will continue to occupy the entire top floor of the 12-story, 134,297 square-foot standalone office building.

Peter Gottesman and Paul Ehrenreich, both of Cresa Washington DC’s Bethesda location, represented the tenant in the transaction, which resulted in a two-year extension of the lease.

“The decision to renew our lease was challenging since our business is changing, our workforce is becoming more remote, and we needed a more flexible workspace,” said Joanna Pineda, CEO of the Matrix Group. “Cresa listened, gave suggestions, and negotiated a great deal for us. This is our fourth transaction with Cresa, and we plan to continue to use them for all our commercial real estate needs.”

The landlord, Konterra Realty, LLC was represented in-house.

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