Eritek, Inc. and CenCore, LLC have signed leases to occupy office space at the Village at Leesburg mixed-use development in Virginia. Eritek will occupy 1,407 square feet dedicated to an optics lab, while CenCore will occupy 1,969 square feet. The Village at Leesburg features over 1.2 million square feet of retail, office, and residential space developed by Cypress Equities and Kettler.
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Eritek, Inc. and CenCore, LLC Sign Office Leases at Village at Leesburg
1. FOR IMMEDIATE RELEASE
ERITEK, INC. AND CENCORE, LLC SIGN OFFICE LEASES
AT VILLAGE AT LEESBURG
LEESBURG, Va. (February 14, 2012) – Eritek, Inc. and CenCore, LLC have signed leases for
office space within the 1.2 million square foot mixed-use project at VA Route 7 and Crosstrail
Blvd. Eritek, a systems engineering services company, will occupy 1,407 square feet of office
and CenCore, a consulting and staffing services company, will occupy 1,969 square feet of office
space.
Javier Castro with Westline represented Eritek and Frank Schofield with Summit represented
CenCore, while Village at Leesburg was represented by its exclusive office leasing team, Rich
Vaaler from Sperry Van Ness.
Eritek provides system engineering services to commercial and Government clients in the field
of radio frequency (RF), satellite, and optical communications, and supplies software tools to
academia and system developers. Eritek is a co-author of the VisSim/Comm software
application for simulation and modeling of communication systems at the physical layer, which
has gained worldwide use and earned several awards. Eritek also provides custom software
development services in the area of digital signal processing, including software drivers for Red
Rapids data acquisition products.
Most recently Eritek has expanded its expertise to the area of optics and laser communications,
and is currently engaged in related research and development activities. Some of the new space
being occupied at the Village at Leesburg will be dedicated to an optics lab for the company.
CenCore provides personnel and consulting services to various commercial and US Government
clients assisting in forecasting and managing risk in high-threat environments.
“2011 was a great year at the Village at Leesburg,” said John Fainter, vice president of
development for the project. “To have Eritek and CenCore join the Village at Leesburg
community is a great way to start the year. We look forward to the rest of 2012 and the
continued progress of the project.”
Village at Leesburg is a vertically-integrated, four-story village which encompasses 57 acres and
features approximately 520,000 square feet of retail space, combined with 150,000 square feet of
office product and 335 luxury multi-family residences. A Cypress Equities company* is
developing the commercial components of the project and Kettler is developing the residential
component. The Carlyle Group is the lead equity partner in the development and KLNB Retail is
handling the leasing of the retail sections.
The center includes a roster of 38 retailers now open including Wegmans Food Markets, LA
Fitness, Altar’d State, AT&T, Charming Charlie, Coldwater Creek, Crystal Brite Cleaners,
Eggspectation, Faang Sushi & Thai Restaurant, Finnegan’s Sports Bar & Grill, Firebirds Wood
2. Fired Grill, Flame Kabob, Frilly Frocks, Hamilton’s Sofa & Leather Gallery, Hour Eyes, Katie’s
Nails & Spa, King Pinz, Massage Envy, Neibauer Dental Care, Noodles & Company, Plow &
Hearth, Potomac River Running, Salon Montage, Sleepy’s, Sprint, The Dandelion Patch, Tiny
Toes Dance Academy, Travinia Italian Kitchen, Verizon Wireless, Pinkberry, Cobb Village 12
Cinemas and Wells Fargo Bank.
About Cypress Equities
Founded in 1995, Cypress Equities companies* have offices in Dallas, Atlanta, San Francisco, New
York and Fort Lauderdale. Today, Cypress Equities companies are developing and managing
approximately 10 million square feet in projects throughout the U.S. and Caribbean, consisting of
community and power centers, as well as vertically integrated mixed-use villages that incorporate
retail, residential, hotel and offices. Visit www.cypressequities.com for more information.
*The Cypress Equities name, logo and other marks are trademarks and service marks being licensed to independent
operating companies by CE Brands, LLC. Any particular obligation, service or product is the sole responsibility of
the specific entity that incurs such obligation or supplies such service or product.
About Kettler
Founded by Robert C. Kettler in 1977, Kettler is among the largest private real estate and
property management companies based in the DC metro area and one of the nation’s top
multifamily developers. The firm’s diverse business model has led to the delivery of five million
square feet of commercial space and over 50,000 homes in its master-planned communities.
Kettler’s rental portfolio includes high-end, market rate, affordable and fee managed assets, and
the management company has been awarded the Pillars of the Industry Award. Currently, Kettler
is developing commercial, resort and transit-oriented mixed-use projects. For more information,
please visit www.Kettler.com.
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For additional information:
Randa McMinn Cecille Tynes
Cypress Equities Kettler
214-561-6007 703-226-6040