Office Information

Managing Director:

Josh Peyton

  • 8484 Westpark Drive
  • Suite 150
  • McLean, VA 22102
  • United States
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  • Phone: 703.288.2700
  • Fax: 703.288.2719

Avison Young in Tysons

Avison Young opened its Tysons office in 2010 and has continually attracted top talent from across the region. Offering decades of experience, these local professionals bring a hands-on approach to help commercial real estate users and investors quickly lease space, negotiate transactions and navigate the development process. Our principal-led culture includes many former business owners and investors who understand the importance of efficiency and results, earning Avison Young a reputation for success and recognition as a CoStar ‘Power Broker’ within 12 months of opening our doors. 

Services

User/Occupier Owner/Investor Development
Transaction Management Landlord Representation Management and Advisory
Tenant Representation Capital Markets Design Management
Consulting and Advisory Mortgage Services Construction Management
Facility Management Investment Sales  
Project Management Property Management  
Enterprise Solutions Investment and Asset Management
     

Area Overview

Tysons is home to Virginia’s largest concentration of office and amenity space. Long favored for its convenient location, Tysons is becoming a shining example of “placemaking” as infrastructure improvements and exclusive amenities transform the area into one of DC’s most bustling live-work-play communities. The Interstate 495 Express and High Occupancy Travel (HOT) lanes offer fast travel throughout the region, while four new Metrorail stations provide direct rail service to Washington, DC via the Silver Line (with planned routes to Dulles International Airport).

Surrounded by the wealthiest counties in America, the area benefits from exceptional demographics and desirable jobs in financial services, technology, federal contracting and professional services. Thriving retail and dining industries combine with world-class education to create a quality of life that consistently ranks among the best places to live, attracting numerous Fortune 500 companies and a global audience of investors. With a rich amenity base and surge of mixed-use development, Tysons has established itself as a premier choice for commercial real estate tenants and owners alike.

Markets

OFFICE

Northern Virginia includes more than 160 million square feet of office space ranging from sprawling suburban buildings to trophy urban developments. Tenant activity is driven largely by proximity to customers, with like industries clustered across the region. Tenants increasingly prefer properties with convenient access to retail and dining options, especially for transit-oriented markets inside the beltway. Landlords have adapted by shifting buildouts towards shared amenity space and incorporating retail or medical uses to attract the millennial worker. As tenants become increasingly efficient with space and federal procurement changes reverberate through the contracting community, old guidelines are quickly becoming obsolete, requiring a new approach to deal-making informed by comprehensive data and the latest market intelligence. 

RETAIL

Blessed with the highest real income and spending power of all the major metro regions within the U.S., residents here support a diverse and thriving retail market which has made the area an international destination for food and shopping, including Tysons Corner Center (the largest shopping mall in Virginia). 

INDUSTRIAL

Northern Virginia’s industrial market comprises nearly 200 million square feet with core concentrations along Interstate 95 (the major north/south access corridor of the eastern United States) as well as near Dulles International Airport. The region is also a critical hub for digital infrastructure with an estimated 70 percent of the world’s internet traffic passing through data centers located here. The rapid rise of technology and e-commerce is simultaneously revolutionizing and constraining the region’s industrial market, as an increasing number of users compete for limited land and building availability. As such, it is even more critical to identify opportunities before they become available. 

INVESTMENT

With an unrivaled workforce and business-friendly environment, Northern Virginia is one of the most sought-after investment markets in the U.S. due to its overall stability, long-term performance and growth of its rapidly diversifying economy. In addition, the presence of the federal government insulates the region from economic volatility while generating demand for contractors near numerous mission-critical installations.