Innovation focus at GDIT fuels Q1's largest lease deal across the D.C. suburbs

Efforts of a General Dynamics Corp. (NYSE: GD) subsidiary to expand high-tech innovation capabilities from a suburban office building fueled the largest lease deal outside of the District proper in the first quarter.

General Dynamics Information Technology inked a 114,867-square-foot renewal at 7770 Backlick Road in Springfield, the largest deal across Northern Virginia and suburban Maryland in the first three months of 2024, according to multiple real estate services firms. Two leases inked in D.C. during the first quarter, one by the D.C. Department of General Services at 1101 Fourth St. SW and the other by law firm Finnegan Henderson Farabow Garrett & Dunner LLP at 901 New York Ave. NW, topped 200,000 square feet.