Chevy Chase Land Company adds more than 100K SF in leases across office and retail portfolio

Maryland Daily Record October 22, 2024

The Chevy Chase Land Company, a commercial real estate investment and asset management company with properties across the Washington metro area, Tuesday announced a total of 105,954 square feet within eight new leases and six renewals in their office and retail portfolio in Chevy Chase and Bethesda, as well as Reston, Virginia.

The 12 leases closed between May and August.

At 2 Wisconsin Circle, The Chevy Chase Land Company added four new office tenants, including Embark Health, Uncommon Cures, ESG and Earlens, in addition to renewals that include Optimal Blue/Compass and Messina Howard Miller, and a renewal with expansion in process with a clinical development company – with a total of 30,827 square feet of new and renewal leases.

The company completed a $25 million renovation to the interior and exterior of 2 Bethesda Metro where Auto Care Association closed on 7,755 square feet and Citrin Cooperman renewed 3,298 square feet. In October, Pisco y Nazca, a Ceviche Gastrobar that adds a modern twist to traditional Peruvian cuisine, will open on the street level, adjacent to the lobby.

The company also added an interactive amenity center to 5425 Wisconsin Ave., and rolled out a new shared amenity program, Ascend by The Chevy Chase Land Company, which is available to all office tenants across the portfolio.

In Chevy Chase, the Merritt Gallery renewed at The Collection and Sareh Nouri Bridal signed a lease for a total of 3,835 square feet. At Northampton, retailer Due South leased 3,404 square feet. Safeway and Cafesano both renewed leases totaling 56,835 square feet at South Lakes Village in Reston, Virginia.

The Cushman & Wakefield team representing The Chevy Chase Land Company for office leasing includes Peter Rosan, Kevin McGloon, Katie Gormley, and Gwen Dominguez. The CBRE team representing The Chevy Chase Land Company for retail leasing includes Lisa Stoddard, Jen Fink, and Bridget Crotty. 

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