Lockheed Downsizes Arlington Presence — “Lockheed Martin Corp. has re-upped its Crystal City presence, but for less space. The nation’s largest government contractor renewed its lease at 2121 Crystal Drive, but for only 180,000 square feet, downsizing from 220,000 square feet, according to CBRE. That 18% contraction accounts for one floor of the 12-story, 505,000-square-foot office building.” [Washington Business Journal]
More Office Interest in Ballston — “It’s masks on as Mark Witschorik readies for another tour at Ballston Exchange. The 783,000-square-foot office complex at the heart of the Arlington neighborhood was once the home of the National Science Foundation, but since it left in 2017, developer Jamestown has worked to bring new office users into the building… Witschorik, Jamestown’s senior vice president of asset management, says things are picking up.” [Washington Business Journal]
