WASHINGTON, Oct. 5 /PRNewswire/ -- The Multi-Employer Property Trust and Akridge announce that a five-year lease agreement has been finalized with Medtronic USA Inc., at The Hartford, 3101 Wilson Boulevard in the Clarendon area of Arlington, Virginia. A Minneapolis, MN based medical technology firm specializing in the treatment of heart disease, Medtronic employs over 36,000 people in 120 countries around the world.
The fifth floor 2,727 square foot lease by Medtronic fills the last available piece of space in The Hartford building, leaving it 100% leased. "Medtronic is a clear leader in their field and we are proud that they have chosen the Hartford as their DC area office," says Matthew J. Klein, President of Akridge. "Medtronic completes an impressive Client roster for The Hartford."
Medtronic was represented from their global headquarters in Minneapolis, MN by Ann M. Hansen of CRESA Partners while Andrew J. Eichberg of Akridge represented the landlord, MEPT and Akridge.
About The Hartford
The Hartford demonstrates Akridge's relentless pursuit of the highest quality construction with a constant eye to Clients' comfort, convenience and service. The Hartford combines a nine-story, 212,000 square foot office building with premier retail space and an accompanying six-story condominium building with 70 elegant residential units. Distinctive amenities in the office building include fitness facility, computerized access and building systems, a rooftop terrace with 360-degree views, and award-winning property management services by Akridge. Clients include renowned architecture firms, DMJM+H, Gensler and PageSoutherlandPage, Georgetown University, consulting firm, Greener & Hook, federal contractor, Stanley Associates, environmental engineering firm, Malcolm Pirnie and acclaimed Italian restaurant, Sette Bello. The project is a joint development by Akridge, Multi-Employer Property Trust, and The Holladay Corporation. The Hartford is located at 3101 Wilson Boulevard, adjacent to the Clarendon Metro station.
About Akridge
Akridge is a comprehensive real estate services company that provides acquisition, development, asset and property management, leasing and consulting services. For six of the last seven years, Akridge was ranked the number one real estate firm in the country, among firms of similar size, for Client satisfaction by CEL & Associates and BOMA. Since 1974, the company's projects have encompassed over 10 million square feet of space in the Greater Washington region. For more information please visit http://www.akridge.com.
About MEPT/Kennedy Associates
The Multi-Employer Property Trust (MEPT) is an open-end, equity real estate fund that invests in high-quality, income producing office buildings, warehouses, flex/R&D facilities, retail centers, hotels, and apartments. The Fund's portfolio is comprised of 100% union-built new construction projects located in regions where participating pension plan beneficiaries live and work. Kennedy Associates Real Estate Counsel, Inc, founded in 1978, is a full service registered real estate investment advisor to MEPT.
AkridgeCONTACT: Mary Margaret Hiller of Akridge, +1-202-624-8627,mmhiller@akridge.com
Web site: http://www.akridge.com//
