International Business Machines Corp. has signed a three-year lease for office space at Tysons Executive Plaza, which it will use for its regional engineering headquarters, the real estate firm of Spaulding & Slye has announced.
IBM has leased 28,474 square feet in the building at 2000 Corporate Ridge, the first of two, 10-story buildings totaling 500,000 square feet.
The project, located at the intersection of the Beltway and Route 7, is being developed, constructed, leased and managed by Spaulding & Slye.
Other recent developments in commercial realty in the Washington metropolitan area:
Barnes, Morris and Pardoe Inc. has announced the following leasing transactions: Pennie and Edmonds, a law firm, has signed a three-year lease for 5,000 square feet at 1730 Pennsylvania Ave. NW for $500,000; Pea, Cross and Auchincloss, a law firm, has signed a five-year lease for 5,100 square feet at One Thomas Circle NW for $620,000; and Kermit, Roosevelt and Associates, a law and consulting firm, has leased 1,250 square feet at 1220 L St. NW for $235,000.
Smithy Braedon announced recent leasing transactions totaling $13 million: Westinghouse Electric Co. has leased 19,937 square feet at 1801 K St. NW; Waste Management Inc. signed a lease for 7,600 square feet at 1155 Connecticut Ave. NW; the International Law Institute has leased 7,579 square feet at 1330 Connecticut Ave. NW; Alcoa has signed a lease for 7,338 square feet at 1615 M St. NW; Leek Melbrook Inc. has leased 6,205 square feet at 1250 Connecticut Ave. NW