Monument Realty Inks 155,000 SF Lease at Executive Plaza in Metro D.C.

NORTH BETHESDA, MD. — Monument Realty has inked a full-building lease with Abt Associates at 6130 Executive Blvd. in North Bethesda, roughly 12 miles outside of Washington, D.C. The 155,000-square-foot lease is the first of the two-building, 328,000-square-foot Executive Plaza that Monument Realty recently renovated. The $10 million renovation included common area upgrades, new mechanical systems and exterior and interior repairs, as well as the addition of a new fitness center, café and a 3,500-square-foot conference center. Abt Associates is a global research and development firm that has multiple offices in the U.S. and program offices in more than 40 countries. Cushman & Wakefield and Newmark Grubb Knight Frank represented Abt in the lease transaction. Avison Young represented Monument Realty and its partner, Angelo, Gordon & Co.