34,000 square feet leased in Loudoun Gateway 5

Published October 4, 2016 by Paula C. Squires

After owning Loudoun Gateway 5 in the Loudoun Gateway Corporate Center for eight months, Crown Properties Inc. reports that occupancy has increased from 64 percent to more than 90 percent, thanks in part to two recent leases.

Crown Properties, represented by Newmark Grubb Knight Frank (NGKF), has leased 24,000 square feet to Unanet, a software provider for professional services organizations. Wallace & Co., a real estate advertising agency in the Washington area, and its sister company, Ecendant Interactive, also signed to take nearly 10,000 square feet of space by early 2017.

The commercial office space off Route 28 in Sterling is located near Washington Dulles International Airport and is adjacent to many hotels. Building amenities include a café, fitness center and conference facility.

“As Unanet grows, we are committed to maintaining our company culture and providing our employees a wonderful place to work. The new, custom-designed office space will generate excitement for employees, as well as customers and partners who visit,” Rebecca Douglas, Unanet vice president of finance and administration, said in a statement.

Dee MacDonald Miller and Chuck LaRock of Jones Lang LaSalle (JLL) represented Unanet in the transaction.

Crown Properties, a privately held real estate firm based in New York City has interests in more than 6 million square feet of property and is new to the real estate market in Northern Virginia.