Rosslyn,VA, September 25, 2018 – Monday Properties announced today that Cerner, a global leader in health care technology, will lease 38,075 square feet of space at 1812 North Moore, a 537,000-square-foot LEED Platinum Tower, in Rosslyn, Virginia. Cerner will be leasing the entire 14th floor and part of the 12th floor and will house associates who service a contract with the Department of Veterans Affairs and the Department of Defense.
“Monday Properties is proud to officially welcome Cerner, a leading global innovator,to 1812 North Moore,” said Tim Helmig, managing partner of Monday Properties.“We were pleased to learn that Cerner saw tremendous value in the community of Rosslyn, which continues to attract a diverse and high-caliber group of corporations. Rosslyn’s exceptional convenience to transit hubs and Washington,D.C., as well as its growing base of lifestyle amenities, has proven valuable to many exceptional companies.”
“After looking all around the region, the Cerner team discovered that Rosslyn and 1812 North Moore was the best option, providing close proximity to the Department of Veteran Affairs and Department of Defense,” said Brian McVay of Cushman & Wakefield. “Plus, the spectacular 24th floor conference center will help Cerner to better serve their clients.”
"We’re thrilled to welcome Cerner to Rosslyn. We see this deal as further confirmation that Rosslyn has become the place to be for companies at the forefront of innovation, from technology and consumer goods to health care," said Mary-Claire Burick, president of the Rosslyn Business Improvement District."Our proximity to the federal government combined with a highly educated workforce and vibrant urban core provides unique opportunities for corporations like Cerner that are experiencing exciting global growth."
1812 North Moore is the tallest, and most iconic, office building in the D.C. area.The trophy tower is located in the heart of the metropolitan area, directly connecting tenants to influential centers of commerce as well as world-class arts, dining and entertainment options. In addition, 1812’s LEED Platinum status translates to 32 percent less energy and 40 percent less water consumption.
Last year, Monday Properties announced a successful $250 million refinancing of the building as a direct result of the continued and robust interest from the debt markets, as well as overall market confidence in the Rosslyn submarket. Monday Properties also announced earlier this year that Gerber would join Nestlé in relocating its U.S. headquarters to 1812 North Moore. Monday Properties has transacted on nearly 1 million square feet of leasing activity over the past 18 months.
Monday Properties was represented in-house by John Wharton and Deniz Yener and by Herb Mansinne, Bob VeShancey, Yorke Allen, Evan Behr and Doug Mueller at JLL. Cerner was represented by Brian McVay and Colin Meadows at Cushman & Wakefield.
About Monday Properties:
Monday Properties is a dynamic real estate investment firm that operates each property within its portfolio. Founded in 1998, the company is an owner, operator and developer of real estate with a primary focus on supplied constrained markets and value add real estate opportunities in growth markets. Since 2002, Monday Properties has completed over $13 billion in over 60 separate transactions, representing 28 million square feet. Monday Properties invests its own capital alongside its partners and investors, creating a clear alignment of interest and an incentive to realize value.
Cerner’s health technologies connect people and information systems at more than 27,500 contracted provider facilities worldwide dedicated to creating smarter and better care for individuals and communities. Recognized globally for innovation, Cerner assists clinicians in making care decisions and assists organizations in managing the health of their populations. The company also offers an integrated clinical and financial system to help manage day-to-day revenue functions, as well as a wide range of services to support clinical,financial and operational needs, focused on people. For more information, visit Cerner.com,The Cerner Blog or connect on Facebook, Instagram, LinkedIn, Twitter or The Cerner Podcast. Nasdaq: CERN. Smarter Care. Better Outcomes.Healthier You.