Two companies are getting ready to move into North Bethesda’s Pike & Rose.
Federal Realty Investment Trust’s (NYSE: FRT) 212,000-square-foot office building at 909 Rose Ave. has signed a lease with ESAB, a fabrication technology company, for 20,887 square feet. The company will take space on the eighth floor to house its global support functions and management, moving its headquarters from Annapolis Junction, Maryland.
And Emagine IT, an enterprise IT and cybersecurity company, is taking 9,787 square feet, moving to North Bethesda from Fairfax, Federal Realty said.
The $135 million building, which sits near the corner of Rockville Pike and Rose Avenue, is now 80% leased with OneDigital, United Solutions, Industrious and Federal Realty’s own headquarters as tenants. The landlord says it expects the building to be fully leased by the first quarter of 2022. Jay Brinson, vice president of development for Federal Realty, said it’s a good sign for the larger development, whose residential…
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