Business management consultant relocating headquarters to 20251 Century Boulevard
Project Enhancement Corporation (PEC), a business management consultant founded in 1998, has signed a lease with Matan Companies for 12,500 square feet of space at 20251 Century Boulevard in Germantown, Maryland, with intentions to relocate its corporate headquarters to the four-story, nearly 105,000 square foot commercial office building. Mia Eglinton, Executive Vice President for Lee & Associates | Maryland, a fully-integrated commercial real estate brokerage and management firm based in Columbia, Maryland represented the tenant and James Matan of Matan Companies represented the landlord in this transaction.
Project Enhancement Corporation, which employs approximately 230 people, has leased space within 20300 Century Boulevard since 2007. The group provides national security and intelligence; safety and health; environmental cleanup and stewardship; and organizational support services to more than 30 clients including the federal government. Representative clients include the U.S. Department of Energy, the U.S. Department of Homeland Security, the National Aeronautics and Space Administration, and the National Oceanic and Atmospheric Administration.
Positioned within 270 Corporate Center, 20251 Century Boulevard was delivered in 1986 and renovated in 2017 and features nine-foot ceiling heights, nearly 26,000 square foot floorplates and an adjacent surface parking lot that can support 300 vehicles. The building is equipped with a state-of-the-art fitness center with a yoga studio and locker rooms and tenant conference facility. 20251 Century Boulevard is adjacent to Interstate 270, approximately three miles from the Germantown station of the Maryland Rail Community (MARC) line, 10 miles from the Shady Grove and Rockville stations of the Washington Metro system, and less than 30 miles from downtown Washington, D.C.
âAfter negotiating an early buyout of Project Enhancement Corporationâs lease at its former building, we completed a highly-favorable long-term lease for the company at 20251 Century Boulevard,â Eglinton explained. âThe move will be an extremely short one, which will minimize the disruption to the companyâs employs and customers, and the new space satisfies PECâs real estate requirements for an extended period. The company felt strongly about remaining within 270 Corporate Center to maintain its proximity to its major customers in the greater Washington, D.C. metropolitan area and the robust nearby amenities.â
Lee & Associates is a commercial real estate brokerage, management, and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment, and appraisal to meet the specialized needs of our clients. Visit https://www.lee-associates.com/offices/office/?id=1591.
