King Street Metroplace Welcomes Two Birds in a New Lease Transaction

Lincoln Property Company and Stockbridge, on behalf of its separately managed account client, is pleased to announce that Two Birds has chosen King Street Metroplace, located on 1737 King Street in Alexandria, VA for their new office location with a lease of 12,500 SF.

Two Birds brings high quality licensed childcare together with co-working space for parents during the work week. Two Birds provides and environment where working parents can be close to their children while working at a co-working space equipped with business amenities, conference rooms and meeting spaces. Founded by two working parents, the company aims to serve a community of families who need quality childcare that aligns with their professional schedules.

“Two Birds is thrilled to be opening at 1737 King Street and joining the Alexandria community!” said JP Coakley Two Bird’s COO and Co-Founder. “The building is a perfect home for our childcare center and the all-inclusive family experience we’re excited to be bringing to the neighborhood. We look forward to expanding here and serving families and businesses for many years to come!”

Since the pandemic, there’s been an increasing number of parents looking for a solution to their new, work-life balance as the country eases back into normalcy. Two Birds provides a great solution for those families.

“We are pleased to welcome Two Birds to Old Town, Alexandria!” said Christina Mindrup, Vice President of real estate at the Alexandria Economic Development Partnership. “This past year has been a transformational time for families working from home. As we begin to transition back to the workplace, Two Birds is an ideal option for parents seeking a co-working location that also offers quality childcare, all under one roof. We look forward to working with Two Birds as they begin to welcome working families into their community!”

Chris Dyson, Stoddie Nibley and Eamon McCrann of Lincoln Property Company represented Stockbridge in the deal. To learn more about leasing opportunities at King Street Metroplace, contact Lincoln Property Company at 703-522-4600.

ABOUT LINCOLN PROPERTY COMPANY
Lincoln Property Company, founded in 1965, is a Dallas, Texas based global real estate company with offices in more than 450 cities in the United States and ten cities throughout Europe. As a one of the largest privately held, full-service real estate firms in the U.S., it provides real estate investment and acquisition, property management, engineering and facilities management, development, construction management, and brokerage services worldwide. Lincoln Property Company currently has $30 billion in total assets under management and has developed 138 million square feet of office, residential and industrial space. For more information on Lincoln Property Company, please call 202.513.6700 or www.lpcwashingtondc.com.

ABOUT STOCKBRIDGE
Stockbridge is a private equity real estate investment management firm led by veteran industry professionals. The firm’s portfolio comprises assets across the investment risk spectrum, including core, value-added and opportunistic strategies. Stockbridge and its affiliates have approximately $21.0 billion of assets under management (as of December 31, 2020) spanning all major real estate property types and certain specialty property types, throughout the United States. www.stockbridge.com.