Boston Properties Taps New Leasing Agent as Stores Shutter

Boston Properties, the owners of Reston Town Center, recently tapped Transwestern, a commercial real estate company, to provide leasing services for RTC.

The move comes amidst a flurry of recent business closures, from Williams-Sonoma and Pottery Barn earlier this month to nine retailers and restaurants last year.

“The new leasing engagement by Boston Properties comes at the same time as a major rebranding initiative at Reston Town Center,” Transwestern announced in a press release today (Jan. 31).

While the controversial paid parking has driven some of the businesses out of RTC, six newcomers are slated to open there later this year, including Peet’s Coffee and DC Row.

“This year will hold exciting changes for Reston Town Center,” Katie Yanushonis, the vice president of leasing at Boston Properties, said in the press release. “Our investment in the branding and placemaking of Reston Town Center will help maintain its place as the leading mixed-use development in the United States.”

Transwestern will be responsible for leasing RTC’s “urban core,” which consists of more than 2.5 million square feet of office space and 450,000 square feet of retail space in the mixed-use development.

“Significant” availabilities are expected in the next few years, partly from Leidos’ consolidation at 1750 Presidents Street, the press release says.

The upcoming Silver Line Metro station in Reston and the neighborhood’s changing shopping and dining scene are also expected to boost RTC’s attraction to employers, Transwestern said.

“Transwestern is honored to have the opportunity to lease the most important urban mixed-use project in all of the Washington region,” Senior Vice President Alex Hancock, who is leading the office leasing team with Executive Vice President Joe Ritchey, said in the press release. “Reston Town Center has always been a location with unparalleled ability to help organizations recruit, retain and maximize the productivity of their world-class workforces.”

Ritchey has worked on Reston Town Center for more than 29 years.

Image via Transwestern Commercial Services 

Recent Stories

A new CBD boutique is coming soon to Lake Anne Plaza (staff photo by Angela Woolsey) A CBD boutique is coming soon to Reston’s Lake Anne Plaza. OmBaked is expected…

Live Fairfax is a bi-weekly column exploring Fairfax County. This recurring column is sponsored and written by Sharmane Medaris of McEnearney Associates. Questions? Reach Sharmane at 813-504-4479. Are you an inspired foodie like…

The clock is ticking for Fairfax County and the D.C. region to adopt a new transportation plan aimed at reducing greenhouse gas emissions. This past June, the National Capital Region…

The Reston Town Center pavilion reopened in November after undergoing renovations (staff photo by Jay Westcott) Intricate ice sculptures are coming to Reston Town Center’s outdoor skating rink at the…

The Ravel Dance Studio will re-open for fall classes 2020. The school will offer in person and virtual online instruction. With over 5000 sq. ft. to social distance the school has added air ionization filtration systems, ballet barres, acrylic dividers, hands free bathrooms, strict monitoring and more.

The Ravel Dance Studio will produce a Nutcracker Ballet Hollywood style video through the Reston Community CenterStage. REGISTRATION online begins August 17.

Submit your own Community Post here for just $99.

Chris Green is one of the DMV’s finest fitness instructors. A Lululemon and South Block ambassador, he is a coach and mentor to so many. He embodies grace, positivity and motivation in ways that no one else can. If we could all learn a thing or two from him, the world would be a much better place. He does so much for others, and does so with a smile on his face 99% of the time.

He recently ruptured his Achilles and has an incredibly long and tough journey ahead. As if COVID hadn’t impacted fitness professionals enough, throw this in the mix and it’s a double, even triple whammy. CG is no longer able to work and do what he loves for the time being because of this and we’d love your support.

Read More

Submit your own Community Post here for just $99.

×

Subscribe to our mailing list