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Local Voices

WEST, LANE & SCHLAGER REALTY ADVISORS NEGOTIATES 59,100-SQUARE-FOOT HEADQUARTERS RELOCATION FOR SAVE THE CHILDREN IN CONNECTICUT

April 15, 2014 (Fairfield, Conn.) – West, Lane & Schlager Realty Advisors, LLC (“WLS”), a Washington, D.C.-based commercial real estate brokerage firm that exclusively represents tenants, announced today that it has negotiated a 59,100-square-foot headquarters relocation on behalf of Save the Children at 501 Kings Highway in Fairfield, Conn.

WLS Principal Eric West, LEED AP, and Cresa Washington DC Managing Principal Mindy Saffer, LEED AP, represented Save the Children, a leading, independent organization that works in the United States and around the world to create lasting change for children in need.

For the better part of the past decade, Save the Children had been outgrowing its space, which created expansion and parking issues. WLS previously assisted Save the Children with several real estate projects, including its D.C. location at 2000 L Street, NW. Therefore, when Save the Children sold its headquarters building at 54 Wilton Road in Westport, Conn., the organization retained WLS to aid in the process of acquiring a new headquarters in southern Fairfield County, Conn.

West explains, “501 Kings Highway is attractive from location and cost standpoints and continues to maintain Save the Children’s long-term presence in Fairfield County, Conn. Our client is excited to use its space more efficiently. Save the Children is thrilled with its new 15-year lease and the security of having a fixed rental rate. This significantly reduces its real estate expenses and continues to allow the agency to further allocate more money towards programs for children.”

Save the Children plans to move in at 501 Kings Highway at the end of May.

About West, Lane & Schlager Realty Advisors, LLC:

Washington, D.C.-based West, Lane & Schlager Realty Advisors, LLC is a leading commercial real estate brokerage firm that exclusively represents tenants in the Washington, D.C. Metropolitan Area. Clients of West, Lane & Schlager include professional services companies such as law firms, as well as nonprofit organizations and trade associations. Services provided by West, Lane & Schlager are tenant representation, investments, construction management, strategic planning, and operating-expense reviews. For more information on West, Lane & Schlager, please visit www.wlsrealty.com.

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