WASHINGTON, DC – The Washington, D.C.-based Ezra Company, one of the leading commercial real estate firms in the nation that exclusively represents tenants, announces today that it has completed the early lease renegotiation of Alcalde & Fay’s 22,500-square-foot headquarters on the eighth floor at 2111 Wilson Blvd., Arlington, Va.
In this multiyear transaction, The Ezra Company’s Senior Vice President, Kenneth King and Associate Vice President, Erica King represented Alcalde & Fay, which for more than 25 years has served as Washington’s premier independent advocacy resource.
King and King showed their long-time client a range of options throughout the Rosslyn-Ballston corridor, but ultimately, because of the economically advantageous transaction that King and King were able to negotiate for Alcalde & Fay’s early renewal, they decided to remain at their present location.
“We’re quite pleased with the terms and conditions we negotiated for Alcalde & Fay’s early lease renegotiation of their corporate office in Arlington,” Erica King says. “Our client received significant upfront savings as part of the deal, while also locking in aggressive and cost-effective terms for their new lease.”
Adds Alcalde & Fay President Kevin Fay, “The Ezra Company has been our broker for more than 10 years. Its market analysis was right on, its strategic advice was insightful, and the firm's professionals were a pleasure to deal with. We are very pleased with the result.”
From legislative and regulatory affairs to communications and government marketing and procurement, Alcalde & Fay has helped corporations, individuals, municipal governments, foreign governments, associations and alliances meet their government affairs goals.
Dallas-based L&B Realty Advisors owns the building, known as Colonial Place I, where Alcalde & Fay is located.
About The Ezra Company:
Founded more than 30 years ago, The Ezra Company is the oldest and largest Washington, D.C.-based commercial real estate advisory services firm dedicated solely to representing tenants. Consistently ranked amongst the mid-Atlantic’s top firms, the passionate team of dedicated, experienced Ezra professionals provides clients with conflict-free representation and an unmatched scope of services. With three offices in the Washington, D.C. area, The Ezra Company offers local expertise and a national reach. For more information, please call 571-421-8000 or visit www.ezracompany.com.