Washington – WashREIT and Transwestern Real Estate Services (TRS) have secured ITOCHU Aviation as a new tenant at Arlington Tower, a 390,000-square-foot building at 1300 N. 17th St. in Arlington, Virginia. Transwestern Executive Vice President Tony Womack, Senior Vice President, Alex Hancock, and Vice President Bernard McKeever Jr. represented building owner WashREIT. The tenant was represented by Jim Fish and Tom Birnbach of Cresa Partners.
“ITOCHU’s tenancy is a testament to the flexible design and quality that Arlington Tower offers its tenants,” said Anthony Chang, WashREIT Vice President of Asset Management. “Our team has worked hard to provide the best possible work environment for companies to feel safe in coming back to work and we are thrilled to have ITOCHU’s vote of confidence.”
The 19-story tower is home to an exceptional amenity package including a fitness center, conference center, tenant lounge, and roof deck, boasting views of the Potomac and Washington, D.C. monuments, that has been home to concerts and events in the past. In 2018, WashREIT launched its flexible office program, Space+ at Arlington Tower, which is now available on two floors.
Within a three-minute walk, Arlington Tower tenants and guests have access to the Blue, Orange and Silver Metro lines, offering a direct connection to downtown Washington, D.C., the Pentagon, Ronald Reagan Washington National Airport (DCA) and Washington-Dulles International Airport (IAD).
Publicly traded on the NYSE, WashREIT owns and operates uniquely positioned real estate assets in the Washington metro. Backed by decades of experience, expertise and ambition, they create value by transforming insight into action. Their portfolio consists of 45 properties, including approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.
About ITOCHU Aviation, Inc.
ITOCHU Aviation, Inc. is a leading exporter of defense and aerospace products from the United States to Japan. With a focus on providing world-class service and unparalleled expertise, ITOCHU Aviation, Inc. engages in the marketing and export of products including aircraft, aircraft subsystems, airborne electronics, radar and sonar equipment, defense electronics, and related support equipment. ITOCHU Aviation, Inc. has many strong long-term relationships with U.S. aerospace manufacturers. ITOCHU Aviation, Inc. is a wholly owned subsidiary of ITOCHU Corporation (ITOCHU).
Founded in 1858 in Osaka, Japan, ITOCHU is a diversified Fortune Global 500 Company with more than 100 bases in 62 countries. ITOCHU is one of the world’s leading international trading companies, engaged in domestic trading, import/export and overseas trading of various products such as textile, machinery, metals, minerals, energy, chemicals, food, general products, realty, information and communications technology, and finance as well as business investments globally. ITOCHU recorded revenues in excess of $100 billion in the fiscal period ending March 31, 2020.
Media Contact:
Hannah Krobock
301.896.9135
hannah.krobock@transwestern.com
twmediarelations@transwestern.com
