WASHINGTON, March 13, 2012 /PRNewswire/ -- UGL Services, a division of UGL Limited (ASX: UGL), today announced that it represented CNA, a 70-year-old research and analysis organization for a 2014 relocation from 4825 Mark Center Drive in Alexandria, VA to the future 3001 Washington Blvd., Arlington, VA.
CNA, represented by Matthew D. Siegel, J.D., SVP and Principal Broker (DC-MD-VA), and Daniel Rasmussen, SVP of UGL Services' Washington, D.C. office, has pre-leased 173,309 SF of space and will take occupancy in 2014. Additionally, Robert Copito, International Director at Jones Lang LaSalle provided tenant consulting services to CNA. Approximately 600 employees are scheduled to make the move.
Mr. Siegel notes that the building presently occupied by CNA at 4825 Mark Center Drive will be available for sublease in January 2014.
CNA's Center for Naval Analyses is a federally funded research and development center (FFRDC) for the Navy and Marine Corps. The Center also provides research and analyses services to other military and government agencies to help improve the efficiency and effectiveness of U.S. national defense efforts. CNA's Institute for Public Research provides high-level research and analysis services to federal, state, and local government agencies, and non-commercial clients working in the areas of education, health research and policy, air traffic management, safety and security, and other domestic issue areas.
The future Class A, 10-story building, to be situated one block from the Clarendon Metro Station, recently received formal approval from the Arlington County Board. Final site assembly, securing financing, and future construction are all anticipated to move forward.
Managing Directors Herb Mansinne and Bob VeShancey of Jones Lang LaSalle represented the developer, Penzance, in the lease transaction. Final terms of the agreement were not disclosed.
For further information please contact:
Matt Siegel, J.D.
Senior Vice President & Principal Broker (DC-MD-VA)
+ 202 721 2348
Senior Vice President
+ 202 721 2342
Media please contact:
Vice President of Marketing & Media Communications
+ 312 424 8172
About DTZ and UGL Services
DTZ is now combined with UGL Services. UGL Services is a division of UGL Limited. The combined business of DTZ and UGL Services is now one of the largest property services companies in the world. It provides corporate/occupier clients with a global, integrated, end-to-end service offering and best-in-class investor services capabilities in investment agency, leasing agency, property and facilities management, project and building consultancy, valuation, and investment and asset management. The organisation has 27,000 permanent employees and 43,000 personnel including contractors, operating across 225 offices in 45 countries. For further information, visit: www.uglservices.com and www.dtz-ugl.com
About UGL Limited
UGL Limited (ASX: UGL) is a global leader in engineering, property services and asset management and maintenance operating in the water, power, transport, resources and property sectors. It consists of four divisions – UGL Infrastructure, UGL Rail, UGL Resources and UGL Services. Headquartered in Sydney, Australia, UGL Limited operates worldwide across 45 countries employing approximately 56,000 people. For more information, visit: www.ugllimited.com
SOURCE UGL Services