Lease Up/Lease Down (Mar. 21-27): State Incentives Creating Jobs But Suffer a Nasty Blow
March 24, 2010
By Andrew Deichler

Astra HR signed an 11-year, 25,979-square-foot lease at 700 King Farm Blvd. in Rockville, MD. The local group, a human resources management firm affiliated with Cornerstone Capital Co., will consolidate its corporate offices into this new location and receive signage on the building. The tenant will relocate from 20,177 square feet at 7361 Calhoun Place, a six-story, 221,518-square-foot, office property owned by PS Business Parks Inc. Move out is scheduled for May. The property at 700 King Farm Blvd. is a six-story, 155,294-square-foot office building. Amenities include an atrium, courtyard, on-site management and restaurant. Studley's Paul Schweitzer, an executive vice president, represented Astra HR, while Michael Gribbon of ACP Mid-Atlantic was the landlord's in-house representative.

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