Stout and Teague: A Smart Growth Company

(McLean, VA, December, 2012) – After executing twelve leases totaling nearly 70,000 sf over the last 12 months, including new deals and existing tenant extensions, Stout and Teague is pleased to announce that The Resources & Conservation Center is fully leased.   

The Resources & Conservation Center (www.1400sixteenth.com), located at 1400 16th Street, NW, is a 191,000 sq. ft. Class A office building situated directly between the historic Dupont & Logan Circle neighborhoods. The Energy Star rated complex features a newly renovated fitness center, full service conference facilities, a 2-acre courtyard and rose garden, the onsite Metro Café, garage parking, and a green-roof terrace.

Michael Gordon, Vice President of Stout and Teague, represented the landlord, RCCLP, on all of buildings transactions and credits the vibrant amenity base offered around the building as reasons so many organizations were drawn to this location of the CBD submarket.

RCC complex is walking distance from the Dupont Circle Metro station, numerous boutique shops along the 17th Street and 14th Street corridors, and many restaurants as well as  the Whole Foods Market on P Street.  The parks and recreational features of the neighborhood, as well as the abundance of residential developments, theatre, and day care options, make this location an ideal live, work, and play option. 

Stout & Teague gives credit to the local brokerage community for assisting the landlord in welcoming such notable additions to the tenancy as the American Humane Association (Kurt Richter, Cassidy Turley), American Diabetes Association (Manny Fitzgerald, CBRE), and Worldwatch Institute (Ben Plaisted & Greg Scheipers, Studley).

Originally developed in 1988 by Stout & Teague on behalf of a joint venture by Resources for the Future, Inc (RFF) & The National Wildlife Federation, the firm has managed and leased the project since its inception.  They continue to work with current ownership, a joint partnership between RFF and CTIA-The Wireless Association, to ensure that ongoing capital improvements to the buildings infrastructure continue to improve on its exceptionally low operating costs. 

We would like to welcome Jessika Council to the Stout & Teague team. Jessika is now our Tenant Service Coordinator. Jessica is a recent graduate of the University of North Carolina Wilmington where she received her BA. Jessica spent a little over a year in Japan where she taught Japanese to students of all ages. We are certain that Jessika will bring a positive and engaging presence to our team.

Congratulations to Jessica Leonard who has been promoted to the Assistant Property Manager for Stout and Teague's Washington, DC and Maryland portfolio. Jessica will continue to handle the tenant build outs and assume the property management duties that were previously handled by Laura Ngole.

(McLean, VA, March 5, 2012) - Stout and Teague Companies are proud to announce the acquisition of 754 Elden St. in Herndon, VA.   The property contains three office condos that total 17,267 RSF. 

It has first class finishes, elevator exposure, high quality workstations and ample surface parking.  This property, adjacent to the Herdon Town Hall and library is minutes from Route 28, Route 267, and Dulles International Airport. It is surrounded by amenities including banking, restaurants, the Washington & Old Dominion biking trail, and shopping.

This property was purchased out of  foreclosure  from Citi Bank.  KLNB represented the Seller while the Stout and Teague Companies were represented in-house.   The condominiums are currently vacant and will be offered for lease to the open market for the first time in its six year history.  For more leasing information, please contact Mike Gordon of Stout and Teague at (202) 328 -5136 or mgordon@stoutandteague.com.

(McLean, VA, May 20, 2011) - Capital Area Pediatrics signed a 4,928 square-feet office lease on the second floor at 10461 White Granite Dr. in Oakton, VA. The association signed for 10 years at the 70,000-square-foot office building. The medical care provider to children from birth to eighteen years old will relocate their business office to White Granite from Eaton Place in Fairfax. They will not see patients at the new site.
10461 White Granite Dr. is an office building located in the Greater Fairfax County submarket in Northern Virginia. Built in 1985, the building is currently occupied by the Wright Patman Congressional Federal Credit Union and other associations and businesses. The building is one block north of I-66 and a few minutes from Metro's orange line.
Created in 1998, Capital Area Pediatrics has seven locations that see patients all over Northern Virginia. For more information see their website at www.capitalareapediatrics.com.
Michael Gordon of Stout and Teague represented the landlord, Wright Patman Congressional Federal Credit Union. Capital Area Pediatrics was represented by Esther Plotkin of Total Office Planning Solutions.

Resources & Conservation Center (RCC) located at 1400 16th St. NW, owned by Resources & Conservation Center L.P. and managed by Stout & Teague Management Corp., has earned the U.S. Environmental Protection Agency's (EPA's) prestigious ENERGY STAR, the national symbol for protecting the environment through superior energy efficiency, for a second year. This signifies that the building performs in the top 25 percent of similar facilities nationwide for energy efficiency.

"This award is a testament to the commitment by the owners of the partnership, Resources For the Future, Inc. and CTIA-The Wireless Association, to efficient building management and to protection of the environment," stated G. Neel Teague, President of Stout & Teague Management Corp. "This commitment began more than 20 years ago when the building was developed with the first commercial ice-storage cooling plant and high-efficiency Heat-MirrorTM windows in a commercial office building in Washington, DC."

Commercial buildings that earn the ENERGY STAR use an average of 35 percent less energy than typical buildings and also release 35 percent less carbon dioxide into the atmosphere. Resources & Conservation Center L.P. and Stout & Teague Management Corp., improved its energy performance by managing energy strategically across the entire organization and by making cost-effective improvements to its buildings.

"Improving the energy efficiency of our nation's buildings is critical to protecting our environment, " said Jean Lupinacci, Chief of the ENERGY STAR Commercial & Industrial Branch. "From the boiler room to the board room, organizations are leading the way by making their buildings more efficient and earning EPA's ENERGY STAR."

To earn the ENERGY STAR, Resources & Conservation Center L.P. and Stout & Teague Management Corp. took the following actions:

- Developed the property in 1988 with a highly-efficient window and exterior wall system, and a heat recovery wheel  for waste heat from toilet exhaust;
- Took advantage of utility company incentives to replace an older chiller with a more-efficient modern machine (also eliminating a banned refrigerant);
- Replaced older emergency fixtures with LED fixtures
- Recalibrated thermostats and rebalanced air flow during tenant renovations to maintain tenant comfort while avoiding overheating or over cooling

EPA's ENERGY STAR energy performance scale helps organizations assess how efficiently their buildings use energy relative to similar buildings nationwide. A building that scores a 75 or higher on EPA's 1-100 scale is eligible for the ENERGY STAR. Commercial buildings that can earn the ENERGY STAR include offices, bank branches, financial centers, retail stores, courthouses, hospitals, hotels, K-12 schools, medical offices, supermarkets, dormitories, houses of worship, and warehouses.

ENERGY STAR was introduced by EPA in 1992 as a voluntary, market-based partnership to reduce greenhouse gas emissions through energy efficiency. Today, the ENERGY STAR label can be found on more than 60 different kinds of products, new homes, and commercial and industrial buildings. Products and buildings that have earned the ENERGY STAR prevent greenhouse gas emissions by meeting strict energy-efficiency specifications set by the government. Last year alone, Americans, with the help of ENERGY STAR, saved nearly $17 billion on their energy bills while reducing the greenhouse gas emissions equivalent to those of 30 million vehicles.

For more information about ENERGY STAR visit www.energystar.gov/buildings.

(McLean, VA, February 10, 2010) - Stout and Teague is proud to announce that American Humane Association has signed a new 5-year lease for a portion of the third floor at 1400 16th Street NW, also known as the Resources & Conservation Center (RCC). This is the non-profit's national headquarter office and has occupied the space since the beginning of 2011.
The Resources & Conservation Center building is a 191,000 sq. ft. Class-A office building located in the CBD submarket. The Energy Star rated building features an on-site café, 2-acre courtyard with Wi-Fi access, modern conference center, an underground garage with ample parking spaces and access to a green-roof terrace and a newly renovated fitness center. RCC recently completed a renovation of its main lobby including commissioned art pieces by Susan Venable, a Santa Barbara, CA artist. Situated in the Dupont Circle neighborhood, RCC is in walking distance from the Dupont Circle Metro Station, numerous boutique shops and restaurants.
The not-for-profit American Humane Association was founded in 1877. Its mission is to create a more humane and compassionate world by ending abuse and neglect of children and animals. American Humane Association's offices are located in Denver, Los Angeles, and Washington, D.C. As the nation's voice for the protection of children and animals, American Humane Association reaches millions of people every day through groundbreaking research, education, training and services that span a wide network of organizations, agencies and businesses. Learn more at www.americanhumane.org.
Michael Gordon, Vice President of Stout and Teague represented the landlord, RCC,LP. Kurt Richter of Cassidy Turley represented American Humane Association.

McLean, VA - Stout & Teague Management Corp. is pleased to announce it has received designation from the U.S. Environmental Protection Agency (EPA) as an ENERGY STAR Partner. Stout & Teague Management Corp. through its voluntary partnership with the U.S. Environmental Protection Agency will work to improve energy efficiency and fight global warming. Stout & Teague Management Corp. believes that a strategic, corporate energy management program will help us enhance its financial health and aid in preserving the environment for future generations.

"Stout and Teague has long been focused on energy efficiency in our portfolio. We installed the first ice-storage cooling plant in an office building in Washington, DC over 20 years ago and have continued to make investments in equipment, systems, and training to keep our buildings operating as efficiently as possible. We are proud to be an ENERGY STAR Partner", said Neel Teague, President of Stout & Management Corp.

In partnership with ENERGY STAR, Stout & Teague Management Corp. will:

• Measure and track the energy performance of its organization's facilities where possible by using tools such as those offered through ENERGY STAR;
• Develop and implement a plan consistent with the ENERGY STAR Energy Management Guidelines to achieve energy savings;
• Help spread the word about the importance of energy efficiency to its staff and community;
• Support the ENERGY STAR Challenge, a national call-to-action to help improve the energy efficiency of America's commercial and industrial buildings by 10 percent or more;
• Highlight its achievements with recognition offered through ENERGY STAR.

ABOUT ENERGY STAR
ENERGY STAR was introduced by EPA in 1992 as a voluntary, market-based partnership to reduce greenhouse gas emissions through energy efficiency. Today, the ENERGY STAR label can be found on more than 60 different kinds of products, new homes, and commercial and industrial buildings. Products and buildings that have earned the ENERGY STAR designation prevent greenhouse gas emissions by meeting strict energy-efficiency specifications set by the government. Last year alone, Americans, with the help of ENERGY STAR, saved about $19 billion on their energy bills while reducing the greenhouse gas emissions equivalent to those of 29 million vehicles. For more information about ENERGY STAR, visit www.energystar.gov or call toll-free 1-888-STAR-YES.

Please read Washington Business Journal's article "Stout and Teague plans more units in Huntington"

http://www.bizjournals.com/washington/blog/2011/01/developer-plans-more-units-in-huntington.html?ed=2011-01-07&s=article_du&ana=e_du_pap

(McLean, VA, December 21, 2010)- Stout and Teague is pleased to announce that Property Manager Pam Hill and Communications Manager Maria Garcia have earned accreditation as a Leadership in Energy and Environmental Design (LEED) Green Associate by the Green Building Certification Institute (GBCI). A LEED Green Associate is an individual who has demonstrated, by way of exam, the basic knowledge and skill to understand and support green design, construction, operations and the certification process.

LEED was developed by the U.S Green Building Council (USGBC) and is an internationally recognized green building certification system. According to USGBC's website, it provides "third-party verification that a building or community was designed and built using strategies aimed at improving performance across all the metrics that matter most: energy savings, water efficiency, CO2 emissions reduction, improved indoor environmental quality, and stewardship of resources and sensitivity to their impacts."

The Green Building Certification Institute (GBCI) is the credentialing affiliate of the U.S. Green Building Council (USGBC). It provides a series of exams to allow individuals to become accredited for their knowledge of the LEED rating system. GBCI also provides third-party certification for projects pursuing LEED.

(McLean, VA, December 20, 2010) - American Rights at Work Education Fund, a labor policy and public education nonprofit, has signed a 5-year lease at the Resources For the Future (RFF) building located at 1616 P St., NW. The organization will occupy 4,860 square feet on the first floor beginning in January 2011. American Rights at Work Education Fund is moving from 1100 17th St., NW.

The Resources For the Future building is a 68,500 sq. ft. 7-story office building located in the CBD submarket. RFF features an Energy Star Building label, on-site café, fitness center, 2-acre courtyard with Wi-Fi access, modern conference center, green roof and an underground garage with ample parking spaces. It's situated in the Dupont Circle neighborhood close to the Dupont Circle Metro Station, numerous shops and restaurants.

Michael Gordon of Stout and Teague represented the landlord, Resources For the Future, Inc. American Rights at Work Education Fund was represented by Peter Gottesman of Cresa Partners.

(McLean, VA) - Stout and Teague is proud to announce the Embassy of El Salvador renewed its lease for an additional 5 years at the Resources & Conservation Center at 1400 16th St. NW. The Embassy occupies a total of 13,800 square feet on the 1st and 2nd floor.

The Resources and Conservation Center (RCC) is a 191,000 sq. ft. Class-A office building located in the CBD submarket. RCC features an ENERGY STAR Building label, on-site café, 2-acre courtyard with Wi-Fi access, modern conference center and an underground garage with ample parking spaces. RCC recently completed a renovation of its main lobby including commissioned art pieces by Susan Venable, a Santa Barbara, CA artist. Renovation of the fitness center is also under way. The building is situated in the Dupont Circle neighborhood in walking distance to the Dupont Circle Metro Station, numerous shops and restaurants.

The embassy acts as an official diplomatic representation of El Salvador to the United States. Francisco Altschul is the current appointed Ambassador of El Salvador. Michael Gordon of Stout and Teague represented the landlord, RCC-LP. Embassy of El Salvador was represented by their Foreign Ministry of Facilities.

"Their timing of the market was key to this transaction. We're delighted Ambassador Altschul and his staff gave us the opportunity to work with them. By renewing the lease early, we were able to provide the ambassador flexible space planning options and immediate cost savings. The ownership is pleased that the El Salvadoran embassy will remain an integral part of the RCC community", said Gordon.

The Embassy has occupied its space at the Resources & Conservation Center since 2006.

(McLean, VA, December 7, 2010) – Community Clinic, Inc. (CCI) renewed its 13,500 square foot space at 7676 New Hampshire Ave in Takoma Park, MD for an additional 10 years.  The renewal will commence December 2010 and will keep the office building 100% occupied.

7676 New Hampshire Ave. is 50,000 square foot office building located in the Silver Spring submarket.  The building holds numerous professional offices and medical offices.  Free-surface parking, a pharmacy on-site and on-site engineer are just a few of the amenities the building offers. It is also right next door to a Starbucks, CVS, and various banks.  Numerous bus lines and the Metro’s future purple line are all within a walking distance.

According to its website CCI is a “non-profit, community-based health care agency serving people in Montgomery and Prince George's counties who are uninsured or under-insured.” Michael Gordon of Stout and Teague represented the landlord, 7676 New Hampshire Avenue LP. Gil Weinbaum of Zalco Realty represented CCI.

(McLean, VA, November 15, 2010) - Stout and Teague is pleased to announce that Pam Hill has earned the designation of Real Property Administrator (RPA®) from BOMI International on November 08, 2010.

The RPA® designation indicates that the recipient has completed a program of in-depth courses dealing with the ownership, management and operation of major office and commercial buildings. Seven required courses provide in-depth coverage of building life systems, life cycle costing, energy management and the environment, insurance and legal issues, finance and asset management.

Ms. Hill serves as property manager for Stout and Teague’s Virginia portfolio and supervises day to day operations as well as tenant build-outs and contract services. Prior to coming to Stout and Teague, Ms. Hill was an assistant property manager with Capital Realty Management Group. Ms. Hill is a graduate of University of Maryland, with a Bachelor of Science in Business. Ms. Hill is currently pursuing a LEED Green Associate accreditation.

(McLean, VA, October, 2010) - Stout and Teague is proud to announce that it has retained three of its tenants at 8001 Forbes Place in Springfield, VA keeping the 70,000 square foot building 100% occupied.  The landlord, 8001 Forbes Place LP, was represented by Michael Gordon on all three transactions.

Tessada & Associates, a government infrastructure services and solutions provider, renewed 12,500 square feet for an additional 10 years on the third floor. Tessada & Associates was represented by Damon Rosman and Gene Martin of the Ezra Company.

Paxton Van Lines, which provides relocation and logistics services, inked a 6,400 square foot renewal for five years on the first floor. Gun Owners of America, a non-profit lobby organization, also renewed on the first floor. The non-profit renewed 3,300 square feet for three years.

8001 Forbes Place is located in the Springfield/Burke submarket and is situated right off Braddock Road on I-495.  The building features a newly renovated lobby and free surface parking.  The building is located inside the Ravensworth Business Park close to shops and restaurants. It’s easily accessible from I-95, I-395, Dulles International Airport and Reagan National Airport.

(McLean, VA, January 1, 2009) - The Migration Policy Institute (MPI) renewed its lease on the third floor at the Resources and Conservation Center located at 1400 16th Street, NW Washington, DC.  The association signed for an additional 10 years, commencing January 1, 2011.  They plan to expand an extra 1,000 sq.ft. to occupy a total of approximately 8,900 sq. ft.

The Resources and Conservation Center building is a 188,000 sq. ft. Class-A office building located in the CBD submarket.  RCC features an Energy Star Building label, on-site café, 2-acre courtyard with Wi-Fi access, modern conference center and an underground garage with ample parking spaces.  It’s situated in the Dupont Circle neighborhood close to the Dupont Circle Metro Station, numerous shops and restaurants.

Founded in 2001, "MPI provides analysis, development, and evaluation of migration and refugee policies at the local, national, and international levels.” Michael Gordon of Stout and Teague represented the landlord, RCC, LP.  John Olson of Lincoln Property Company represented MPI.