Building and leasing an office building can be almost as much about marketing and image as steel and concrete, which is why some
onlookers questioned whether Monday Properties and financial partner Goldman Sachs were going to construct one of the region’s tallest office buildings without any tenants lined up or any construction financing.
But cynics suggested that with the sluggish economy the companies were likely to simply cover over the parking garage and wait for things to improve. Would they really put that much of their own money behind a speculative office building?
Apparently, yes. Monday and Goldman recently brought the project above grade, putting the option of stopping with a building-free underground parking garage behind them.
Aaron Twersky, director of marketing for Monday Properties, sent over the above photo and noted that “we are truly above grade and ahead of schedule. Further, we pulled the permit for the tower portion from Arlington County on 2/15 and will deliver in the fall of 2013, as planned.”
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