Office Lease Up (Mar 23) Apple Moving to New Office Buildings at Main Street Cupertino

Last Weeks Largest Leases Include: Columbia Sportswear, Fannie Mae, IPG, Liberty Mutual, Morgan Stanley, Reed Elsevier, Ultragenyx, Unidesk, Xcelience and more

The two office buildings currently under construction are part of a project that includes 130,000 square feet of retail space, an 120-unit apartment complex and the 180-unit Marriott Residence Hotel.

Construction on the two 130,000-square-foot office buildings is slated to wrap up in May.

Brandon Bain and Erik Hallgrimson of DTZ in San Jose represented the developer and landlord, Sand Hill Property Co. By Eric Kies

The six-story office building totals 186,133 square feet in the two-building Reston Crescent office park. Fannie Mae will backfill the space vacated by Sprint, which had fully occupied the building since 2004. Fannie Mae is slated to take occupancy at One Reston Crescent in August.

The lease is the second major announcement in recent months for Fannie Mae, which in January confirmed it will relocate its national headquarters to Carr Properties' 700,000-square-foot redevelopment of The Washington Post's current headquarters at 1150 15th St. NW in downtown Washington, D.C.

David Goldstein, Tom Cresce, Herbert Mansinne and Robert VeShancey of JLL represented the building owner, Brookfield Office Properties. John Henschel of Cushman & Wakefield represented Fannie Mae. By Ashley McClain

IPG, already occupying more than 220,000 on floors 5 through 9, 11, and 19, is planning on taking over the former Forest Laboratories Inc. space in early October 2015. The expansion space includes 14,698 square feet on the 20th floor and 32,534 square feet on each of the 23rd, 24th, and 25th floors.

The 32-story, 1.31 million-square-foot, 4-Star office tower is on 1.9 acres in the Midtown Plaza District. The Vornado-owned property was designed by Emery Roth & Sons, P.C. in 1968 and underwent renovations in 2001.

Evan Fiddle, Anthony Dattoma, and Howard Fiddle of CBRE represented the landlord. Scott Panzer, Robert Romano, and Shannon Rzeznikiewicz with JLL in New York represented the tenant. By Chris Ulrich

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Office Lease Up (Mar 23) Apple Moving to New Office Buildings at Main Street Cupertino