tw telecom triples size of mclean, VA headquarters
Studley Negotiates Seven-Year Lease Expansion at 8484 Westpark Drive
Washington, DC (September 28, 2010)
International commercial real estate services firm Studley announced today that tw telecom, one of the country's leading providers of managed and converged voice, Internet and data networking solutions, has signed a seven-year, 10,824-square-foot lease that will triple the size of its regional offices at Westpark Corporate Center One, 8484 Westpark Drive, McLean, VA.
The company, which currently occupies 3,607 square feet in the building, began searching in early 2009 for additional office space in an effort to accommodate its business and customer growth in the DC area. The expansion space is conveniently located adjacent to its existing space on the sixth floor of the building.
After conducting an extensive search with Studley of its relocation options, tw telecom decided to remain and expand within its existing building. An extensive two-phase renovation is currently underway to build out tw telecom's new space, with an expected completion in November 2010.
Studley Managing Director Wendy Feldman Block and Project Associate Joan Sapienza represented tw telecom in the transaction. John Henschel & Peter Berk of Cushman & Wakefield represented the building landlord, Westpark Corporate Center, LLC.
"This long-term lease meets tw telecom's expansion requirements and allows them to remain centrally located in McLean, with minimal disruption to their operation," said Studley's Feldman Block.
Westpark Corporate Center One is a nine-story, 269,152-square-foot office building located in the heart of Northern Virginia's Tyson's Corner. The building offers convenient access to I-495 and I-66, and is located only half a mile from Tyson’s Corner Shopping Center. Its roster of prestigious tenants includes Ernst & Young and the law firm Patton Boggs.
About tw telecom. tw telecom, headquartered in Littleton, Colo., provides managed network services, specializing in converged services, Ethernet and transport data networking, Internet access, local and long distance voice, VPN, VoIP and security, to enterprise organizations and communications services companies throughout the U.S. and globally. As a leading provider of integrated and converged network solutions, tw telecom delivers customers overall economic value, quality service, and improved business productivity. Please visit www.twtelecom.com for more information.