A new headquarter build-to-suit.

Square Feet:
310,000 sf

BDM Headquarters


BDM (later Northrop Grumman) occupied 310,000 sq. ft. (two legacy buildings) in Tysons Corner, Virginia. Their goal was to relocate their headquarters, reduce rental obligations, and achieve a more favorable work environment for their employees.


The Larsen team negotiated a very low cost lease for a premier build-to-suit building located at a highly visible location along the Dulles Airport Road at Reston Town Center. The rental obligation was reduced by approximately $1 million annually ($10 million over 10 years) for a 13% reduction in overall occupancy costs, while simultaneously increasing the personnel by 20%. Overall, occupancy costs were lowered by $2,100 or 28% per employee.