WASHINGTON BUSINESS JOURNAL
Financial Group Subleases Post Space
The digital arm of The Washington Post found a tenant to sublease much of its remaining unused space at 1515 N. Courthouse Road in Arlington.
Promontory Interfinancial Network LLC inked a 38,110-square-foot deal on the entire 12th floor and part of the 9th and 10th floors. Financial details of the five-year deal were not disclosed.
Founded by leaders in the banking industry, PIN helps financial institutions to enhance their profits. It’s currently headquartered in the Courthouse building.
The District-based media giant (NYSE: WPO) has its lease in the 12-story building through 2015.
With the latest lease, the Washington Post now has 10,400 square feet of available sublease space in the building.
John Duffy and Paul DeFilippes of Summit represented the sublandlord, Washingtonpost.Newsweek Interactive Co.