W.C. & A.N. Miller Development Company and Avison Young announced today the completion of a massive, all-encompassing, two-phase project to fully renovate The Atrium Building — a five-story Class A office building in the heart of Old Town Alexandria, located at 277 S. Washington Street.
“It has been a tough and challenging time for our contractors and us to ensure that we deliver on time and materialize our vision for the building,” said Robert Miller, Chief Executive Officer of W.C. & A.N. Miller Development Company. “But I’m very happy that we were able to overcome all the obstacles, and the final product is simply amazing. All the improvements and amenities that we invested in have made the building more functional and aligned with today’s workforce expectations.”
The $5 million repositioning project tackled structural and interior improvements and took 18 months to complete. One of the most significant enhancements is a spectacular 4,500-square-foot (sf) penthouse level rooftop with a state-of-the-art conference center and event space that features sprawling views of the Potomac River, Old Town and National Harbor. The rooftop terrace is a tenant amenity and is available for public events.
Among other improvements are a transformed atrium lobby with multiple lounge and huddle areas along with a golf simulator room, showers, lockers and a secured bike room, as well as a new grand staircase connecting the fifth floor to the penthouse amenity center and terrace.
The eye-catching renovation has inspired a number of tenants to renew and expand their leases and attracted considerable interest from prospective tenants.
“The recent office leasing trends show flight to quality as tenants opt for highly-amenitized, updated office buildings over commodity space,” said Nick Gregorios, Principal with Avison Young. “Despite the challenges businesses have faced during the pandemic, our team was able to renew and expand leases for a number of existing tenants. This attests to the value they see in choosing to continue their partnership at The Atrium, as well as being a testament to the right direction chosen by the ownership team.”
The perfect blend of modern and classic, the building features expansive 31,000-square-foot (sf) floor plates and a unique atrium core that brings ample natural light into the space and provides an excellent interior and exterior window line to tenants. Three floors are available for lease totaling 85,000 contiguous sf on the third, fourth and fifth floors. In addition, built-out Spec Suites to accommodate smaller businesses in need of 1,500–4,500 sf of space will be delivered later this year.
Avison Young manages the office leasing at The Atrium Building. Gregorios and Wesley Preuss, Senior Vice President, both in the firm’s Tysons, VA office, and Chuck Kusbit, Principal in the firm’s Rockville, MD office, are leading the team.
About W.C. & A.N. Miller Development Company
The W.C. and A.N. Miller Development Company is a privately held company, with main offices located in Bethesda Maryland, that has been serving the Washington DC Community since 1912. Beyond its portfolio of commercial developments, W.C. and A.N. Miller is known for building some of the most prestigious residential communities in the Washington DC area. These include Wesley Heights, Spring Hill, Spring Valley, Sumner, Overlook, Potomac Falls, Spring Meadows, and Spring Ridge. For more information, visit www.wcanmiller.com.
About Avison Young
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2021 winner of the Canada’s Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 10 consecutive years.
