BETHESDA, MD – Cresa Washington DC, a corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated services, announces today that it has negotiated on behalf of The CDM Group in an 19,492-square-foot lease restructuring at 7500 Old Georgetown Road in Bethesda.
In this 10-year transaction, Cresa Washington DC Managing Principal Tom Birnbach represented The CDM Group, a minority-owned management-consulting firm that focuses on national, state, community, and individual health and well-being.
“We’re quite pleased to have completed this headquarters lease extension for The CDM Group to continue occupying the entire 9th floor at 7500 Old Georgetown Road,” Birnbach says. “After conducting a thorough search of the alternatives available in downtown Bethesda, our client decided to remain at its current location, and we negotiated a competitive deal when compared to the overall market for The CDM Group to stay at this property owned by Clark Construction Group.”
Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Portfolio/Lease Administration, Capital Markets, Sustainability, Industrial/Supply Chain and Facilities Management. With more than 55 offices, Cresa is North America’s largest tenant representation firm. Through its partnership with Savills, one of the world’s largest commercial real estate services firms, Cresa covers more than 255 locations in 40 countries. Cresa Washington DC exclusively serves tenants through its offices in Bethesda, the District of Columbia and McLean. For more information, visit www.cresa.com.