[ 07.2005 ]

Aegis Property Group is pleased to announce two lease transactions totaling over 10,000 square feet at 1300 Virginia Drive in Fort Washington, PA. Constellation Energy (6,438 sf) and Accuweather (4,182 sf) have each signed five year leases.

Constellation Energy is a Fortune 200 energy company based in Baltimore. They are the nation's leading supplier of competitive electricity to large commercial and industrial customers, and one of the nation's largest wholesale power sellers. In addition, they are a major generator of electricity with a diversified fleet of power plants strategically located throughout the United States.

Over the last 39 years, AccuWeather has grown from one man's dream to become the world's largest commercial weather service. Today, AccuWeather serves more than 15,000 clients worldwide with weather forecasts, data, color graphics, consulting services, computer hardware and software. AccuWeather serves clients in the media, government, industry and education. More than 180 million Americans recognize the AccuWeather name as the leader in weather forecasts and information.

1300 Virginia Drive is owned by BPG Properties, Ltd. BPG Properties, Ltd. is a real estate operator with a proven track record in the acquisition, development and investment management of all major property types throughout the United States.

Accuweather was represented by Brian Lafond of Gola Corporate Real Estate, and Constellation Energy was represented by Eric Wahlers of Gola Corporate Real Estate. The Landlord was represented by James A. Kinzig of Aegis Property Group.