The General Services Administration has signed a 15-year lease for a new headquarters in Alexandria, Va. for the National Science Foundation, the Washington Business Journal reported Friday.
Rebecca Cooper writes the 660,848 square-foot site at 2500 Eisenhower Ave. is close to the Eisenhower Avenue Metro station and the U.S. Patent and Trademark Office headquarters.
Nearly 2,100 NSF employees will relocate to Alexandria in 2017 from the agency’s current Arlington hub, according to the Washington Business Journal.
The federal government will rent the space for a rate 30 percent below the current market rate and retain $35 million in incentives, Cooper reports.
Dan Cruz, GSA spokesperson, told the Business Journal those incentives will go toward tenant improvements and relocation costs.