Paula C. Squires// March 3, 2014//
5 Star Life Insurance Co. and Edgesource Corp. have signed two leases totaling more than 16,000 square feet at 909 N. Washington St, bringing the 105,000-square-foot property to full occupancy.
Scott Rabin, a regional manager for Edge Commercial Real Estate, represented the landlord, the Armed Forces Benefit Association, in completing the two leases.
Edge became the building’s leasing agent about three years ago, when the building had a lot of vacancy and deferred maintenance.
Since then, the owner invested significant capital to enhance common areas and replace a majority of the building’s infrastructure systems. Those renovations, Rabin said in a statement, helped reposition the property and make it more energy efficient.
Bethesda-based Edge Commercial Real Estate, which has an office in Tysons Corner, is a commercial real estate advisory, investment and management company. It manages more than 8.4 million square feet of commercial space throughout the Washington, D.C., region.