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Atlantic Realty Signs Lease with University of Phoenix at Patriot East in Greenbelt, MD; Construction of New 84,000 SF Building is Under Way.


Business Editors/Real Estate Writers

GREENBELT Greenbelt, city (1990 pop. 21,096), Prince Georges co., W central Md., a residential suburb of Washington, D.C.; chartered 1937. Greenbelt was planned and built by the federal government as an experimental model community for families of modest income. , Md.--(BUSINESS WIRE)--June 15, 2004

Atlantic Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Companies, one of the ten largest real estate developers in the Washington, DC area, has leased 18,550 sq. feet of a new Class A office building at 7852 Walker Drive in Greenbelt, MD to the University of Phoenix. The University of Phoenix, which provides education to working adults at over 130 locations nationwide including Atlantic Realty's Plaza America in Reston, VA, will occupy the entire first floor.

Construction of the 84,000 sq. foot, 4-story building, named Patriot East, is under way with completion scheduled for early January, 2005. Atlantic Realty's Marc Witowski with Ken Fellows and Rob Pugh of Sheer Partners, Inc. represented the landlord. Mark Bailey
For other uses, see: Mark Bailey (disambiguation).


Mark Bailey (born 26 November, 1970) is a cricket player in Hamilton, New Zealand. He played one one-day international for the New Zealand cricket team.
 and Mike Gillman of Trammell Crow F. Trammell Crow (born June 11, 1914, in Dallas, Texas) is an American property developer who created several famous projects, including Dallas Market Center, Peachtree Center (Atlanta, Georgia), and San Francisco's Embarcadero Center.  represented the University of Phoenix.

"We are delighted to continue our relationship with the University of Phoenix. With a convenient location near major commuter arteries Arteries
Blood vessels that carry oxygenated blood away from the heart to the cells, tissues, and organs of the body.

Mentioned in: Adrenergic Blockers, Angiotensin-Converting Enzyme Inhibitors, Antihypertensive Drugs, Hypertension, Thrombolytic Therapy,
, Patriot East will provide quick and easy access to the busy working adults participating in the University's programs," said Charles K. Nulsen III, a partner at Atlantic Realty.

Patriot Business Park at Golden Triangle Golden Triangle can refer to:
  • Geographical areas:
  • Golden Triangle (Southeast Asia), golden for its opium production
 

Patriot East will join three existing Atlantic properties within walking distance: Golden Triangle I & II and Patriot West, which is also under construction and 85% pre-leased with occupancy this summer. All properties offer immediate access to the Capital Beltway, Baltimore-Washington Parkway and I-95. Tenants enjoy on-site restaurants, hotel and retail amenities, and easy access to Metro, MARC and Amtrak Amtrak, the National Railroad Passenger Corp., authorized to operate virtually all intercity passenger railroad routes in the United States. Amtrak was created by Congress in 1970 in response to more than two decades of continuous operating deficits by privately run  trains.

Patriot East's design, which mirrors Patriot West, includes a handsome brick facade facade (fəsäd`), exterior face or wall of a building. The term implies ordered placement of its openings and other features and thus seems inapplicable to a wall without design.  with architectural accents and a striking lobby of marble, ceramic and millwork finishes. Typical floor size is 21,000 sq. feet.

Atlantic Realty Companies, based in Vienna, VA, is a full-service commercial real estate company with a portfolio of approximately six million square feet of office and retail properties valued at over $750 million. Since its founding in 1992, the company has earned numerous awards including the 2002 Ernst & Young Entrepreneur of the Year Award in Real Estate/Construction.

For more information on Patriot East, contact Charles K. Nulsen III at 703-760-9500 or Charlie@arcrealty.com.

(RENDERING AVAILABLE UPON REQUEST)
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Publication:Business Wire
Date:Jun 15, 2004
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