Regency’s The Loft Office at The Crossing Clarendon shopping center recently took home NAIOP’s 2021 Award of Excellence for Building Adaptive Re-Use. Chartered in 1980 with a mission to enhance the Northern Virginia commercial real estate community, the National Association for Industrial and Office Parks (NAIOP) boasts more than 900 members.
With the theme “Focus on Excellence,” this year’s award ceremony — which was held in-person at Capital One Hall — featured 23 awards in the categories of Buildings, Interiors, Transactions, Membership, and Trendsetters. The event celebrated significant contributions to Northern Virginia's built environment by the commercial, industrial, and mixed-use real estate communities.
We were honored to accept the ‘Adaptive Re-Use Project of the Year 2021’ by NAIOP earlier this month," said Jason Yanushonis, Manager, Investments. "Despite facing unprecedented construction and logistical challenges, the project management team was able to deliver this award-winning building on time and on budget. Our leasing team has done an amazing job of weaving together national tenants like Life Time and Tatte Bakery and Café, with local and first-to-market brands like Lady Octopus Tattoos and Seamore’s. The recognition by NAIOP is the culmination of over four years of creativity, dedication, and teamwork, and we could not be more excited about the future of The Crossing.
The Loft at The Crossing Clarendon is situated 2.5 miles west of downtown D.C. in the heart of Arlington VA’s Clarendon neighborhood. In 2016, Regency Centers acquired the 300,000-SF mixed-use property, formerly known as Market Common Clarendon, which had been a pillar of the community for more than fifteen years. The team thoughtfully redesigned the building to make it more functional for retail and office tenants, adding a fourth floor to increase GLA and marketability through exceptional views and outdoor spaces. The result is a new, state-of-the-art, loft-style, four-level building consisting of 145K SF of retail and office space — the type of center that did not exist anywhere in Arlington’s Rosslyn-Ballston corridor.