Lerner Enterprises and The Tower Companies Announces GSA Renews Lease at Two White Flint North
NORTH BETHESDA, Maryland (April 20, 2016) — Lerner Enterprises, one of Washington, D.C.’s largest private real estate developers, and The Tower Companies, a Washington, D.C. based real estate developer and recognized sustainability leader, are proud to announce that the General Services Administration, on behalf of the United States Nuclear Regulatory Commission, has renewed its lease for 347,922 square feet at Two White Flint North in North Bethesda, Maryland.
“We are very pleased to continue our relationship with the General Services Administration and the Nuclear Regulatory Commission. Two White Flint North has long been one of the premier commercial properties in Montgomery County, and we are thrilled that the GSA and NRC have recognized this in extending their lease. We look forward to continuing to provide the NRC with a first-class home for many years to come,” stated Mark D. Lerner, a principal of Lerner.
Conveniently located just north of the Capital Beltway on Rockville Pike, adjacent to the White Flint Metro Station, Two White Flint North has served as the national headquarters for the Nuclear Regulatory Commission for over 20 years. Both Two White Flint North and its sister property, One White Flint North, are occupied entirely by the General Services Administration, which bought the 18-story One White Flint North building after it was developed by Lerner and The Tower Companies.
Founded by Theodore N. Lerner in 1952, Lerner Enterprises is a respected leader in Washington, D.C. area real estate development, investment and management. Headquartered in Rockville, Maryland, Lerner is one of the largest and most diversified private real estate developers in the region, with expertise in all phases of commercial real estate – including planning, development, construction, leasing, asset management and property management. Lerner has developed and managed more than 20 million square feet of commercial, retail, hospitality and residential real estate, including an award-winning office portfolio comprised of a wide range of landmark developments throughout the Washington metropolitan area. The office portfolio features such iconic properties as Washington Square, 20 M Street SE, Two White Flint North, The Corporate Office Park at Dulles Town Center and The Corporate Office Centre at Tysons II, among many others.
The company is also a pioneer in sustainable development, with a noteworthy LEED® Certified portfolio that includes Washington Square (LEED® Silver Certification), 2000 Tower Oaks Boulevard (Lerner’s Corporate Headquarters and the first LEED® Platinum office building in Maryland), and 1775 Tysons Boulevard (the first office building designed to achieve LEED® Platinum Certification in the Tysons market).
About The Tower Companies
For three generations, the family-owned Tower Companies has maintained a commitment to responsible development and envisions a world where buildings inspire and enrich the lives of their occupants, and create positive social change. The green building leader owns, develops, and manages over 5 million square feet in the Washington, D.C. metropolitan area consisting of office buildings, office parks, lifestyle centers, regional malls, eco-progressive live-work-play communities and hotels with over 8,000,000 SF in the development pipeline. The Tower Companies is recognized as an international authority in the industry, and has been recognized for its commitment to sustainability and energy independence by numerous national organizations and federal agencies, including US Green Building Council, US Department of Energy and the US Environmental Protection Agency. For more information, please visit TowerCompanies.com.
About General Services Administration
The General Services Administration provides workspace to more than 1 million federal civilian workers, oversees the preservation of more than 480 historic buildings, and facilitates the federal government's purchase of high-quality, low-cost goods and services from quality commercial vendors. For more information about GSA, please visit GSA.gov.
Eugene Buot | 301.692.2253 | EBuot@Lerner.com