WJLA, NewsChannel 8 Renew 100,000 SQ-Foot Lease at Rosslyn Towers

PHOTO of Monday Properties Towers building, 1100 Wilson Blvd., in Rosslyn courtesy of Monday Properties

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ARLINGTON, VA -- Sinclair Television Group, Inc., owner of WJLA-TV and NewsChannel 8, has renewed its 100,000 square foot lease in Rosslyn, property owner Monday Properties announced Thursday.

The TV stations are major tenants at 1000 and 1100 Wilson Blvd., at the iconic building that was once the headquarters of Gannett for many years.

Back in July 2014, Sinclair acquired WJLA and News Channel 8 from Allbritton Communications, which had been a Towers tenant for more than 15 years, Monday Properties noted.

“WJLA and NewsChannel 8 have been valued tenants in the Towers for over 15 years and we’re pleased to continue our special partnership with Sinclair,” said Tim Helmig, president of Monday Properties. “Not only have they been deeply invested and involved in the Washington region over the years, but they have become an iconic part of the community.”

Helmig added, “The Towers proximity to the DC region provides Sinclair’s media outlets the ability to cover stories quickly in an unencumbered location that is free from transportation inefficiencies.”

New gym

Tenants at the Towers building will receive free basic membership to the newly renovated on-site gym with new operator Styrke Fitness, Monday Properties noted. Tower tenants will also have the ability to secure group discounts to Styrke’s fitness classes and personal training services for their employees.

Rooftop deck

Monday Propertie has invested more than $50 million in improvements to the building, including a planned, world-class rooftop deck, lobbies, elevators and escalator modernizations, HVAC system and parking garage upgrades in recent years. The project offers more than one million square feet of LEED-EB Gold certified trophy office space.

“This recent robust leasing activity in the Towers is a reflection of the investments we’ve made into providing the modern amenities tenants want,” Helmig said. “The combination of stunning views, unparalleled amenities, with over 55,000 square feet of on-site retail and a location in the center of the DC metropolitan area is hard to beat. Tenant requirements have changed. We continue to position our assets with the objective of making them the most desirable office opportunities in the region.”

The brokers: Sinclair Television Group, Inc. was represented in the lease transaction by Joe Judge, Mike Rodan, Wendy Blue and Robb Johnson of JLL.Monday Properties was represented in-house by Mr. Helmig, John Wharton and Deniz Yener.

About Monday Properties:

Monday Properties is a dynamic real estate investment firm that operates each property within its portfolio. Founded in 1998, the company focuses on two of the world’s leading real estate markets: New York City and the greater Washington, DC metropolitan area. Since 2002, Monday Properties has completed over $10 billion in transactions representing 23 million square feet. Monday Properties co-invests its own capital alongside its partners and investors, creating a clear alignment of interest and an incentive to realize value. www.mondayre.com