Advisory Platform Case Study: Asset Advisory Services For Federal Realty

Silverline Equities was hired by Federal Realty to help reposition 2700 S. Quincy Street, Arlington, VA to increase occupancy and cash flow. The building is a 100,000-sf mixed-use office building within a dynamic mixed use retail driven neighborhood.

Leveraging our experiences and knowledge from Space+ and the current market, we advised Federal Realty to deliver two floors of town hall speculative suites totaling 25,000 sf. The results of phase 1 on the 2nd floor (outlined on the right) provided the evidence to expand the program to the 4th floor in green below.

We have increased occupancy of the property by 37% to 78% leased.

Federal Realty Town Hall

• Downtime from Delivery to Execution 0.8 Months

• Weighted Average Lease Term 69.8 Months

• Total SF Leased Phase 1 11,944

• Rent Premium 28%

• Core Factor 25%