Eritek, Inc. and CenCore, LLC Sign Office Leases at Village at Leesburg
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FOR IMMEDIATE RELEASE ERITEK, INC. AND CENCORE, LLC SIGN OFFICE LEASES AT VILLAGE AT LEESBURG LEESBURG, Va. (February 14, 2012) – Eritek, Inc. and CenCore, LLC have signed leases for office space within the 1.2 million square foot mixed-use project at VA Route 7 and Crosstrail Blvd. Eritek, a systems engineering services company, will occupy 1,407 square feet of office and CenCore, a consulting and staffing services company, will occupy 1,969 square feet of office space. Javier Castro with Westline represented Eritek and Frank Schofield with Summit represented CenCore, while Village at Leesburg was represented by its exclusive office leasing team, Rich Vaaler from Sperry Van Ness. Eritek provides system engineering services to commercial and Government clients in the field of radio frequency (RF), satellite, and optical communications, and supplies software tools to academia and system developers. Eritek is a co-author of the VisSim/Comm software application for simulation and modeling of communication systems at the physical layer, which has gained worldwide use and earned several awards. Eritek also provides custom software development services in the area of digital signal processing, including software drivers for Red Rapids data acquisition products. Most recently Eritek has expanded its expertise to the area of optics and laser communications, and is currently engaged in related research and development activities. Some of the new space being occupied at the Village at Leesburg will be dedicated to an optics lab for the company. CenCore provides personnel and consulting services to various commercial and US Government clients assisting in forecasting and managing risk in high-threat environments. “2011 was a great year at the Village at Leesburg,” said John Fainter, vice president of development for the project. “To have Eritek and CenCore join the Village at Leesburg community is a great way to start the year. We look forward to the rest of 2012 and the continued progress of the project.” Village at Leesburg is a vertically-integrated, four-story village which encompasses 57 acres and features approximately 520,000 square feet of retail space, combined with 150,000 square feet of office product and 335 luxury multi-family residences. A Cypress Equities company* is developing the commercial components of the project and Kettler is developing the residential component. The Carlyle Group is the lead equity partner in the development and KLNB Retail is handling the leasing of the retail sections. The center includes a roster of 38 retailers now open including Wegmans Food Markets, LA Fitness, Altar’d State, AT&T, Charming Charlie, Coldwater Creek, Crystal Brite Cleaners, Eggspectation, Faang Sushi & Thai Restaurant, Finnegan’s Sports Bar & Grill, Firebirds Wood
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Transcript of Eritek, Inc. and CenCore, LLC Sign Office Leases at Village at Leesburg
FOR IMMEDIATE RELEASE
ERITEK, INC. AND CENCORE, LLC SIGN OFFICE LEASES AT VILLAGE AT LEESBURG
LEESBURG, Va. (February 14, 2012) – Eritek, Inc. and CenCore, LLC have signed leases for office space within the 1.2 million square foot mixed-use project at VA Route 7 and Crosstrail Blvd. Eritek, a systems engineering services company, will occupy 1,407 square feet of office and CenCore, a consulting and staffing services company, will occupy 1,969 square feet of office space. Javier Castro with Westline represented Eritek and Frank Schofield with Summit represented CenCore, while Village at Leesburg was represented by its exclusive office leasing team, Rich Vaaler from Sperry Van Ness. Eritek provides system engineering services to commercial and Government clients in the field of radio frequency (RF), satellite, and optical communications, and supplies software tools to academia and system developers. Eritek is a co-author of the VisSim/Comm software application for simulation and modeling of communication systems at the physical layer, which has gained worldwide use and earned several awards. Eritek also provides custom software development services in the area of digital signal processing, including software drivers for Red Rapids data acquisition products. Most recently Eritek has expanded its expertise to the area of optics and laser communications, and is currently engaged in related research and development activities. Some of the new space being occupied at the Village at Leesburg will be dedicated to an optics lab for the company. CenCore provides personnel and consulting services to various commercial and US Government clients assisting in forecasting and managing risk in high-threat environments.
“2011 was a great year at the Village at Leesburg,” said John Fainter, vice president of development for the project. “To have Eritek and CenCore join the Village at Leesburg community is a great way to start the year. We look forward to the rest of 2012 and the continued progress of the project.”
Village at Leesburg is a vertically-integrated, four-story village which encompasses 57 acres and features approximately 520,000 square feet of retail space, combined with 150,000 square feet of office product and 335 luxury multi-family residences. A Cypress Equities company* is developing the commercial components of the project and Kettler is developing the residential component. The Carlyle Group is the lead equity partner in the development and KLNB Retail is handling the leasing of the retail sections.
The center includes a roster of 38 retailers now open including Wegmans Food Markets, LA Fitness, Altar’d State, AT&T, Charming Charlie, Coldwater Creek, Crystal Brite Cleaners, Eggspectation, Faang Sushi & Thai Restaurant, Finnegan’s Sports Bar & Grill, Firebirds Wood
Fired Grill, Flame Kabob, Frilly Frocks, Hamilton’s Sofa & Leather Gallery, Hour Eyes, Katie’s Nails & Spa, King Pinz, Massage Envy, Neibauer Dental Care, Noodles & Company, Plow & Hearth, Potomac River Running, Salon Montage, Sleepy’s, Sprint, The Dandelion Patch, Tiny Toes Dance Academy, Travinia Italian Kitchen, Verizon Wireless, Pinkberry, Cobb Village 12 Cinemas and Wells Fargo Bank.
About Cypress Equities Founded in 1995, Cypress Equities companies* have offices in Dallas, Atlanta, San Francisco, New York and Fort Lauderdale. Today, Cypress Equities companies are developing and managing approximately 10 million square feet in projects throughout the U.S. and Caribbean, consisting of community and power centers, as well as vertically integrated mixed-use villages that incorporate retail, residential, hotel and offices. Visit www.cypressequities.com for more information. *The Cypress Equities name, logo and other marks are trademarks and service marks being licensed to independent operating companies by CE Brands, LLC. Any particular obligation, service or product is the sole responsibility of the specific entity that incurs such obligation or supplies such service or product. About Kettler Founded by Robert C. Kettler in 1977, Kettler is among the largest private real estate and property management companies based in the DC metro area and one of the nation’s top multifamily developers. The firm’s diverse business model has led to the delivery of five million square feet of commercial space and over 50,000 homes in its master-planned communities. Kettler’s rental portfolio includes high-end, market rate, affordable and fee managed assets, and the management company has been awarded the Pillars of the Industry Award. Currently, Kettler is developing commercial, resort and transit-oriented mixed-use projects. For more information, please visit www.Kettler.com.
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For additional information: Randa McMinn Cecille Tynes Cypress Equities Kettler 214-561-6007 703-226-6040
