The Federal Deposit Insurance Corp. and FBR, an investment bank, will be moving into new offices in Arlington over the next year and a half. That’s good news for economic development officials in Arlington, who are still reeling from the impending loss of the National Science Foundation and its 2,237 jobs.
FBR will move from a “trophy” office building at 1001 19th Street N. in Rosslyn to a slightly less lofty accommodations, at 1300 17th Street N., also in Rosslyn. FBR’s new lease runs through the end of 2025. First-year rent for the space — on the building’s 2nd, 13th and 14th floors — is $41 per square foot for the lower floor and $51.50 per square foot for the higher floors, according to an SEC filing.