For Immediate Release
December 2024

Stout & Teague is proud to announce the successful sale of 1307 Dolley Madison Boulevard, an 18,032-square-foot office building situated in the vibrant heart of the McLean Central Business District (CBD). This property, a staple of the community since the 1970s, has been transformed into an exciting new chapter through this transaction.

Representing their long-time client, the Ramay Family Partnership, Stout & Teague expertly marketed the property, drawing on over a decade of experience managing and leasing the McLean portfolio. The building’s legacy now continues with its new owners, an affiliate of the highly respected T. E. A. Center, a private educational institution known for its commitment to enriching young minds in McLean.

“This sale is a testament to our enduring relationships with valued clients and our ability to connect them with visionary buyers who see the potential in these community landmarks,” said Pam Hill, VP of Property Management at Stout & Teague. “We’re thrilled to see this property evolve into a hub of learning and inspiration under the stewardship of The T. E. A. Center.”

The T. E. A. Center’s acquisition brings a fresh purpose to the property, aligning perfectly with their mission to foster education in the McLean community. The new ownership ensures that the building will remain a vital part of McLean’s landscape for years to come.

Stout & Teague continues to lead the way in property management and brokerage services, with a commitment to unlocking value and driving impactful transformations for their clients and the communities they serve.

A special thanks to Lee Brady, Associate Broker Century 21 New Millenium for his diligence and collaboration.

For more information on Stout & Teague’s services or this transaction, visit stoutandteague.com or contact our team directly.