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Atlantic Realty Signs Second Major Tenant at Patriot East in Greenbelt, MD; Class A, 4-Story Building Now under Construction is Nearly 50% Leased.


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. -- 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 signed another major tenant at 7852 Walker Drive in Greenbelt, MD. John Staurulakis, Inc. (JSI JSI Japanese Society for Immunology (Tokyo, Japan)
JSI Journal of School Improvement
JSI Jantzi Social Index (Michael Jantzi Research Associates)
JSI Journal of Social Issues
), a telecommunications consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
, has leased 19,500 sq. feet and will occupy most of the second floor of the project, named Patriot East. JSI joins The University of Phoenix, which recently signed a lease to occupy the entire first floor of the new Class A, 84,000 sq. ft. office building, making the project nearly 50% leased. Construction is underway with completion scheduled for January, 2005.

"We are delighted with this response from the marketplace. With an outstanding location near major commuter arteries, Patriot East will provide quick and easy access to tenants and their guests," said David A. Ross, an Atlantic Realty partner.

Atlantic Realty's Marc Witowski with Ken Fellows and Rob Pugh of Scheer Partners, Inc. represented the landlord. Tom Long and Todd Bosley of Donohoe Real Estate represented JSI.

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 David A. Ross at 703-760-9500 or David@arcrealty.com

(RENDERING AVAILABLE UPON REQUEST)
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Publication:Business Wire
Date:Jul 19, 2004
Words:344
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