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  • WBJ: Penzance Snags Third Lease for Watergate Office Building
    June 3, 2014

    They're not the kind of needle-moving deals that capture headlines or dominate the conversation ...
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  • BISNOW: Penzance Scores Another for Watergate
    May 29, 2014

    In 2011, Penzance scooped up the historic Watergate office building...
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  • GLOBE ST: Sage Takes 25,000 SF at Watergate
    May 29, 2014

    Sage, an international publisher with a local office, is taking 25,000-square feet...
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  • COMPANY NEWS: SAGE and Penzance Announce 25,000 SF Lease at The Watergate Office Building
    May 28, 2014

    SAGE and Penzance announced today that SAGE has signed a lease to relocate...
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  • WBJ: Penzance Sets Sights on Reston, Silver Line with Office Building Buy
    March 20, 2014

    It's too early to say decisively whether the Silver Line will bring tenants to Reston, especially since its launch...
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  • Preserved & Developed: Complex Effort to Save Four Buildings in Clarendon
    February 26, 2014

    Nearing completion in Clarendon is probably one of the most innovative and far-reaching development projects...
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  • BISNOW: Julia!
    November 20, 2013

    As DC-based owner Penzance has built a high-performance portfolio...
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  • ARLINGTON COUNTY: Arlington County Board Adopts Resolution to Promote Public Safety Communications in Construction
    October 22, 2013

    The Arlington County Board today unanimously adopted a resolution...
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  • COMPANY NEWS: Penzance Joint Ventures with Dune Real Estate Partners at 1101 Connecticut Avenue in Washington, DC
    September 27, 2013

    Penzance and Dune Real Estate Partners LP (“Dune”) announced today the acquisition by Dune of an interest in 1101...
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  • GLOBE ST: Penzance Closes National Trust Lease at Watergate
    August 8, 2013

    Penzance has closed on a lease announced earlier this summer with the National Trust for Historic Preservation...
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  • WTOP: Businesses moving into the Watergate -- but not the famous floor
    August 8, 2013

    A local building synonymous with scandal is about to get people talking again...
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  • BISNOW: Penzance Locks Down National Trust
    August 8, 2013

    Penzance has signed the National Trust for Historic Preservation...
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  • WBJ: National Trust for Historic Preservation Lands at the Watergate
    June 28, 2013

    The National Trust for Historic Preservation is moving its headquarters into...
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  • WBJ: In Rosslyn, What’s Old Might Be New Again
    June 28, 2013

    The Penzance Cos. and Arlington County officials are plotting a major redevelopment...
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  • BISNOW: Penzance Stays Active Across the River
    June 28, 2013

    There's only one outfit that catches the eye more than a red dress...
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  • COMPANY NEWS: The National Trust for Historic Preservation Plans to Relocate to the Watergate
    June 28, 2013

    The National Trust for Historic Preservation and Penzance announced today...
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  • WASHINGTON POST: National Trust for Historic Preservation Moving Offices to the Watergate
    June 27, 2013

    The National Trust for Historic Preservation was looking for a building with a story to it...
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  • WBJ: Penzance says Rosslyn Redevelopment a Blank Slate
    June 27, 2013

    The Penzance Cos. said it has no set plans for redeveloping a prime swath...
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  • BISNOW: The Common Application Chooses Clarendon
    March 19, 2013

    Penzance has locked up another tenant for its under-construction 3001 Washington Blvd...
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  • WBJ: Penzance Lands The Common Application
    March 19, 2013

    The Penzance Cos. has signed college application service firm The Common Application...
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  • COMPANY NEWS: The Common Application Pre-leases Full Floor in Clarendon
    March 18, 2013

    Penzance and Invesco Real Estate extend their appreciation to Russ Rowzie of Trimark Corporation and Jones Lang...
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  • CITYBIZLIST: National League for Nursing Relocating HQ from NYC to Watergate Building
    January 21, 2013

    Penzance has signed the National League for Nursing to an 18,500 square foot full-floor lease at The Watergate...
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  • WBJ: Penzance signs first tenant to Watergate building
    January 18, 2013

    The Penzance Cos. has signed its first full-floor tenant to the Watergate Office Building...
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  • BISNOW: Penzance Locks Down Watergate Tenant
    January 18, 2013

    Penzance's repositioned Watergate office building added a new tenant...
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  • COMPANY NEWS: National League for Nursing Takes Full Floor at Watergate Office Building
    January 17, 2013

    Penzance announced today the signing of an 18,500-square-foot full-floor lease with the National League for Nursing...
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  • NAIOP: Office Building of the Future Design Competition
    October 24, 2012

    Office Building of the Future Design Competition
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  • WBJ: Penzance Wins the CREW D.C. Award
    October 16, 2012

    Penzance took home the CREW D.C. award for Dealmaking for its prelease of 3001 & 3003 Washington Boulevard to CNA.
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  • WBJ: The Pilots of Penzance
    October 5, 2012

    When most people hear the word Penzance, they think of the classic Gilbert and Sullivan opera...
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  • WBJ: Penzance Snags Funds to Renovate 1500 Wilson Blvd.
    September 25, 2012

    Penzance has closed on new financing for the repositioning of 1500 Wilson Blvd...
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  • CITYBIZLIST: Penzance Secures Renovation Financing at 1500 Wilson Boulevard
    September 24, 2012

    Penzance has closed a new financing facility to fund the repositioning of 1500 Wilson Boulevard in the Rosslyn...
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  • WBJ: CVS Takes Safeway Space at Watergate
    September 20, 2012

    CVS has leased the former Safeway space at the Watergate complex
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  • COMPANY NEWS: Penzance Announces Major Expansion of CVS/pharmacy at The Watergate
    September 19, 2012

    Penzance announced today that CVS/pharmacy has signed a long-term lease to expand its presence at the iconic Watergate..
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  • GLOBEST: Penzance Seeks Tenants for 100,000 SF at Watergate
    June 13, 2012

    After an investment of “several millions of dollars” for renovations, Penzance is actively marketing...
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  • WTOP: Watergate, the Building, Starts Renovation Process
    June 12, 2012

    The Watergate Office Building, known best for the 1972 break-in on its 6th floor that led...
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  • BISNOW: Watergate!
    June 12, 2012

    Last night we went to the Watergate Office Building to mark the 40th anniversary of the break-in...
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  • Washington Post Watergate Event Photo - The Washington Post, Page C9 of the June 12, 2012 Edition
    June 12, 2012

    Watergate
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  • BISNOW: Penzance's Landmark Night
    June 12, 2012

    Call it Watergate revisited: Developer Penzance last night joined the Washington Post in co-hosting not just...
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  • WBJ: Watergate to Undergo Renovations
    June 11, 2012

    Penzance Cos. is planning to launch a multimillion-dollar renovation of the historic Watergate...
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  • WASHINGTON POST: Watergate’s New Owner Welcomes Anniversary’s Attention
    June 11, 2012

    The Watergate office building is back in the news, thanks to the 40th anniversary of the burglary that led...
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  • GLOBEST: DC May Be Down, But Not Out—For Long
    June 4, 2012

    A rapt audience of 175 industry professionals listened intently to a series of panels on local market during the 10th...
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  • BISNOW: Big Move in Clarendon
    June 1, 2012

    Life's good with a credit tenant (they're the pocket aces of the industry). Just ask Penzance...
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  • WBJ: Penzance Secures $94M for Clarendon Project
    June 1, 2012

    Penzance Cos. has landed $94 million in construction financing for its 280,000-square-foot office development ...
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  • CM ALERT: SunTrust Writes Loan on Va. Project
    June 1, 2012

    SunTrust has originated a $94 million construction loan on an office project just outside Washington...
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  • BISNOW: This Morning In Arlington
    May 31, 2012

    Nearly 400 packed the Renaissance Arlington Capital View this morning...
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  • ARLINGTON ECONOMIC DEVELOPMENT: Penzance Breaks Ground on 3001 and 3003 Washington Boulevard
    May 18, 2012

    “We are serious about getting started right now!,” exclaimed Managing Partner and Founder of Penzance Victor Tolkan...
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  • BISNOW: Hot Capital Markets in Arlington
    May 7, 2012

    There are rumors that Penzance and Invesco's two-building office project at 3001-3003 Washington Blvd...
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  • ARLNOW: Groundbreaking for Clarendon Office Project
    May 7, 2012

    A groundbreaking was held this morning for the new 3001 and 3003 Washington Boulevard office project...
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  • CITYBIZ: Penzance, Invesco to Break Ground at 3001 and 3003 Washington Blvd
    May 6, 2012

    Penzance and Invesco Real Estate will break ground on their new project at 3001 & 3003 Washington Boulevard...
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  • FBA: Penzance to Update Watergate Office Building
    April 5, 2012

    Penzance recently announced plans to begin updating the Watergate Office Building...
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  • AS SEEN ON REUTERS, YAHOO! FINANCE AND MARKETWATCH: Penzance and Invesco Announce Clarendon JV
    March 29, 2012

    Invesco Real Estate and Penzance announced today the formation of their joint venture...
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  • GWHATCHET: Developers Plan Upgrades for Watergate Office Building
    March 26, 2012

    The property management group for the Watergate office building is planning a facelift...
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  • WASHINGTON POST'S CAPITAL BUSINESS: Penzance Forms Partnership with Invesco
    March 26, 2012

    Penzance, a District-level real estate company, has formed a partnership with Invesco Real Estate...
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  • COSTAR: Invesco, Penzance Team for Arlington Development
    March 26, 2012

    Invesco Real Estate and Penzance recently announced a joint venture...
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  • INSTITUTIONAL INVESTOR: Penzance, Invesco Join Forces For D.C. Development
    March 26, 2012

    Penzance, a Washington, D.C.-based investment and development company, has formed a joint venture...
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  • Washington Business Journal
    March 23, 2012

    Penzance Cos. entered into a joint venture partnership with Invesco...
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  • GLOBEST: Penzance Picks Invesco as JV Partner on 280,000 SF
    March 20, 2012

    Invesco Real Estate and Penzance are partnering to develop a 280,000-square-foot mixed-use project...
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  • BISNOW: Penzance, Invesco Team in Clarendon
    March 20, 2012

    Yesterday, Penzance announced Invesco will be its capital partner at the firm's 280k SF office project in Clarendon...
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  • COMPANY NEWS: Invesco Partners with Penzance on its Clarendon Mixed-Use Development
    March 19, 2012

    Invesco Real Estate and Penzance announced today the formation of their joint venture partnership for the development...
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  • WBJ: Penzance Teams with Invesco on Clarendon site
    March 19, 2012

    Penzance Cos. has entered into a joint venture partnership with Invesco...
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  • CITYBIZ: Penzance JVs with Invesco on 3001-3003 Washington Blvd in the Rosslyn-Ballston Corridor
    March 19, 2012

    Invesco Real Estate and Penzance have formed a joint venture partnership...
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  • COMPANY NEWS: Peter N. Greenwald Appointed to Arlington Economic Development Commission
    March 19, 2012

    The Arlington County Board has appointed Peter N. Greenwald, Penzance Senior Advisor...
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  • DCMUD: Penzance Announces Partner and Start Date for Clarendon Office Project
    March 19, 2012

    D.C. based Penzance announced today it has partnered with Invesco Real Estate in a joint venture...
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  • AED: New Development Coming to the R-B Corridor
    February 21, 2012

    The Board's approval of the plan by Penzance Clarendon Assemblage, LLC, paves the way...
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  • PHOTO: Penzance in New York City's Times Square After Signing 175,000 SF HQ Pre-Lease with CNA in Arlington, VA
    February 1, 2012

    Penzance in New York City's Times Square After Signing 175,000 SF HQ Pre-Lease with CNA in Arlington, VA
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  • THE ARLINGTON NEWSLETTER: County Board Approves Penzance Cos.' Office-Retail Project in Clarendon
    January 31, 2012

    The Arlington County Board on January 24th unanimously approved Penzance Cos.' major mixed-use redevelopment project ...
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  • ARLINGTON MERCURY: Board Approves Clarendon Office Complex
    January 25, 2012

    The Eleventh Street restaurant and Potomac Crossfit gym on N. Highland Street will be forced out to make room for...
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  • WBJ: CNA Lease Triggers Clarendon Project
    January 25, 2012

    CNA Corp., which includes the Center for Naval Analyses, has inked a deal to move its headquarters...
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  • COMPANY NEWS: Penzance and CNA Announce 175,000 SF HQ Pre-Lease in Clarendon
    January 25, 2012

    Penzance and CNA announced today the signing of a 175,000 square foot pre-lease
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  • ARLNOW: New Office Buildings Approved for Clarendon
    January 25, 2012

    With an eye to historic preservation, the Arlington County Board last night approved...
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  • CITYBIZ: CNA Pre-Leases 175,000 SF at Penzance Offering in Clarendon
    January 25, 2012

    CNA has signed a 175,000 square foot pre-lease for 3001-3003 Washington Blvd...
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  • GLOBEST.COM: Penzance Secures 175,000 SF Prelease in Arlington
    January 25, 2012

    Penzance has secured a prelease with CNA for a 280,000-square-foot building it is building...
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  • COSTAR: Penzance Wins Approval for New Arlington Mixed-Use Project, CNA Preleases 175,000 SF
    January 25, 2012

    Penzance, a private equity real estate investment company that has acquired and developed a number of buildings...
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  • ARLINGTON COUNTY: Board Approves Clarendon Block Redevelopment
    January 24, 2012

    The Arlington County Board today approved a plan to redevelop a 1.13-acre, block-long site in the commercial heart...
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  • PHOTO: Penzance in New York City's Time Square After Acquiring The Watergate Office Building
    December 12, 2011

    Penzance in New York City's Time Square
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  • GLOBEST.COM: Penzance Closes on Watergate Office
    December 12, 2011

    WASHINGTON, DC-One of the two office buildings in the Watergate office and residential community...
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  • WASHINGTONIAN: Watergate Building Gets New Owners
    December 9, 2011

    Can you put a price on history? Apparently in the case of the Watergate office building, the answer is yes...
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  • THE WASHINGTON POST: Office Where Watergate Break-in Took Place Now for Rent
    December 2, 2011

    District developer Penzance Cos. closed recently on its $76 million purchase of the Watergate office building ...
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  • PR NEWSWIRE: Penzance Acquires Watergate Office Building
    November 29, 2011

    Penzance announced today that it has acquired the Watergate office building at 2600 Virginia Avenue, NW...
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  • Press Release: Penzance Acquires Watergate Office Building
    November 29, 2011

    Penzance announced today that it has acquired the Watergate office building...
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  • WBJ: Penzance Acquires Watergate Office Building for $76M
    November 23, 2011

    The Penzance Cos. closed Tuesday on a deal to acquire the Watergate office building for $76...
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  • CLARENDON.PATCH.COM: Greenwald Named Rosslyn BID President
    November 18, 2011

    Peter Greenwald, a senior advisor at the Penzance Cos., has been named president of the Rosslyn Business Improvement...
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  • COMPANY NEWS: Penzance Joint Ventures with American Realty Advisors at 1130 Connecticut Avenue in Washington, DC
    November 18, 2011

    Penzance and American Realty Advisors, (“American”), announced their joint venture ownership of 1130 Connecticut Ave
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  • RosslynVA.org: Penzance’s Peter N. Greenwald Succeeds Stuart H. Miller as BID Board President
    November 10, 2011

    Peter N. Greenwald, senior advisor at Penzance, was named by the Rosslyn BID board of directors as its new president...
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  • Press Release: Peter Greenwald Named New Board President for the Rosslyn BID
    November 8, 2011

    Rosslyn, VA - Peter N. Greenwald, senior advisor at Penzance Companies, was named by the Rosslyn Business Improvement...
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  • WBJ: Penzance Closes on 1555 Wilson Blvd. Acquisition
    October 5, 2011

    Penzance has closed on its acquisition of 1555 Wilson Blvd...
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  • BISNOW: Penzance Closes in Rosslyn
    October 4, 2011

    Yesterday Penzance announced it bought 1555 Wilson in Rosslyn
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  • Penzance Press Release: Penzance Acquires 1555 Wilson Boulevard
    October 4, 2011

    Washington, DC- October 3, 2011 – Penzance announced today their acquisition of 1555 Wilson Boulevard in the Rosslyn
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  • GLOBE ST: Penzance Acquires Rosslyn Office for $67M
    October 4, 2011

    ROSSLYN, VA-Penzance has closed on the acquisition of 1555 Wilson Blvd., here--an approximately $67 million purchase...
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  • CITYBIZ: Penzance Closes on 1555 Wilson Boulevard
    October 3, 2011

    Penzance has closed on its acquisition of 1555 Wilson Boulevard in the Rosslyn...
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  • ARLnow: BRAC’d Building in Rosslyn to Be Renovated
    September 23, 2011

    If you manage a 40-year-old office building in Rosslyn
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  • CITYBIZ: Penzance Launches Marketing for 1500 Wilson Boulevard
    September 19, 2011

    Penzance will begin marketing 200,000 square feet at 1500 Wilson Boulevard in advance of its current full-building...
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  • WBJ: Penzance Making Space at 1500 Wilson
    September 19, 2011

    A District real estate company is hoping to line up tenants for 1500 Wilson Blvd.
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  • COMPANY NEWS: Penzance Names Linda Cogburn to Senior Property Management Position
    June 30, 2011

    Penzance announced today that Linda Cogburn has joined the Penzance team as a senior director for property management...
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  • BISNOW: Strongest Submarket in the Region?
    June 27, 2011

    Our headline is what panelists repeatedly called the RB Corridor at our summit this morning on the subject...
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  • BISNOW: Creme Filling for Clarendon
    June 20, 2011

    Penzance's application for a 300k SF office and retail project smack in the middle of Arlington's urban core has been...
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  • COMPANY NEWS: Penzance Plans for 300,000 SF Office Development in Clarendon
    June 17, 2011

    Penzance has completed the preliminary 4.1 site plan filing review process and is submitting this week its final...
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  • WBJ: Penzance Gets $110M Clarendon Project Back on Track
    June 17, 2011

    Penzance has resurrected plans to develop one of the last available sites in Clarendon.
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  • ARLNOW.com: New Office Buildings Planned for Clarendon
    June 17, 2011

    Real estate investment firm Penzance says it’s about to complete its final site plan filing with Arlington County
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  • GLOBEST: Penzance Closer to $110M Clarendon Groundbreaking
    June 17, 2011

    ARLINGTON, VA-Penzance will shortly be submitting a preliminary site plan to Arlington County for a two-building...
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  • DC MUD: Penzance Tees Up Clarendon LEED Office Project
    June 17, 2011

    D.C. based Penzance has announced it will submit its final plans to Arlington for development...
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  • CITYBIZ: Penzance Refinances 1130 Connecticut Avenue, NW with $61M from UOB
    May 17, 2011

    Penzance has refinanced the debt on its downtown Washington, DC property located at 1130 Connecticut Avenue, NW
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  • WBJ PEOPLE ON THE MOVE
    April 8, 2011

    Christopher McGrew appointed senior vice president of acquisitions
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  • CITYBIZ: Penzance Awarded Property Management of 2400 N Street, NW
    February 15, 2011

    Penzance selected by ACC to manage headquarters
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  • COMPANY NEWS: Penzance and FCP Sign Inmarsat
    December 10, 2010

    Inmarsat, a leading British mobile satalite company lease in DC
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  • CITYBIZ: ScienceLogic Expanding into Parkridge Center Four in Reston
    December 7, 2010

    Penzance signed ScienceLogic to a 30,000 SF lease
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  • COMPANY NEWS: Penzance Awarded TOBY for Ballston Gateway, 3865 Wilson Blvd in Arlington
    June 12, 2010

    Penzance announces that Ballston Gateway was awarded t TOBY by AOBA
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  • WBJ: Federal Capital Partners Buys Interest in 1101 Connecticut Ave
    May 10, 2010

    FCP has acquired an interest in 1101 Connecticut Ave. NW, a 190K SF building also owned by Penzane
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