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Bridge Investment Group acquires new tenant in Silver Spring office complex

Directly adjacent to the Silver Spring Metro stop and featuring access to the Capital Beltway (Interstate 495) and downtown Washington, the three-building complex includes on-site parking. (File photo)

Bridge Investment Group on Wednesday announced it executed a new office lease with EnCompass LLC at Station Square, a 510,200-square-foot Class-A office complex at 1100 Wayne Ave. in Silver Spring.

Adjacent to the Silver Spring Metro stop and featuring access to the Capital Beltway (Interstate 495) and downtown Washington, the three-building complex includes on-site parking.

Totaling 20,588 square feet, the deal for 11 years or more reflects a broader national shift of companies that are gravitating to new or recently repositioned office product that incorporate high-end amenities, flexible workspace and connectivity to residential areas, shops and restaurants.

EnCompass, a woman-owned consulting firm that partners with government, multilateral and nonprofit organizations, is moving from its Rockville offices to the 1100 Wayne Ave. building at Station Square, located a half-mile from Washington.

Ben Powell of Cushman and Wakefield represented the landlord in the transaction. EnCompass was represented by Mike Alcamo from The Tenant Agency.

Bridge has invested nearly $5.5 million in renovations and quality improvements at Station Square, including external façade enhancements, an upgraded and centralized patio, a modernized conference room and boardroom, as well as renovated building lobbies.

The patio has been filled with soft and hard seating, a turf game lawn and music. A new full-service restaurant, Java Nation, is in build-out and expected to open in early 2023 with tables on the patio. Adamo Pastry and Coffee Bar, located off the 1010 Wayne Ave. lobby, is also in build-out and pushing for an opening in early 2023. Tenants can also enjoy a Planet Fitness center and expanded parking availability.

Originally positioned as three separate buildings, Bridge’s 2018 acquisition of Station Square enabled the property to be consolidated as a cohesive three-building campus featuring modern amenities, structured parking and walkability to transportation hubs. The external and internal aesthetic improvements have positioned Station Square as a top choice for office users in Silver Spring.


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