JLL selected to lease Stafford Place in Arlington’s Rosslyn/Ballston Corridor

Published March 7, 2016 by Paula C. Squires

JLL said Monday that it has been hired to lease Stafford Place, a 771,584-square-foot Class A office complex in the Rosslyn-Ballston Corridor of Arlington.

Jamestown, a national real estate operator with offices across the country, acquired the two-building complex last year. The buildings were 99 percent occupied at the time. According to JLL, Jamestown plans extensive interior renovations, new tenant amenities, system modernizations and exterior streetscape improvements.

“We see the area as being at an inflection point,” Michael Phillips, president of Jamestown, said in a statement.  “With corporate and more entrepreneurial enterprises taking space among the amenity-rich Ballston submarket, Wilson Boulevard holds tremendous promise as a destination for the new innovation economy and the creative class.”

The complex includes the 12-story, 587,036-square-foot Stafford Place I and the 11-story, 184,548-square-foot Stafford Place II. Those buildings were constructed in 1992 and 1999 respectively.

Stafford Place I is connected to the Ballston Metro Station and the soon-to-be fully redeveloped Ballston Common Mall by way of two-enclosed walking bridges. The office complex also includes two below-grade parking garages and extensive bike parking storage.

The Ballston area is close to more than 80 restaurants, Quincy Park, the Arlington Arts Center and the Capitals’ Iceplex. They are all within walking distance of Stafford Place, which also is close to the Orange and Silver lines and Washington National Airport.

Ballston already is home to many other office tenants including  Accenture, ESI International, Raytheon, The U.S. Coast Guard, DARPA, Virginia Tech and The Nature Conservancy.

Managing Directors Herb Mansinne and Bob VeShancey of JLL will oversee the leasing of Stafford Place.