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Clements Worldwide Picks One Franklin Square As Headquarters

WASHINGTON, DC—The global insurance solutions provider will be rubbing shoulders with law firm Reed Smith and, of course, The Washington Post.

One Franklin Square One Franklin Square

WASHINGTON, DC—About two years ago, One Franklin Square was about 45% vacant despite its excellent location at 130K St., NW. Then the Washington Post made up its mind that the 600,000-square foot building would be its new home, a decision that followed, indeed almost overlapped, with Reed Smith’s renewal of 80,000-square feet there.

As part of the renewal, building owner Hines promised to make several upgrades, including refurbishing the building’s elevators, creating an internal connection to the restaurant space from the lobby, and installing automated security turnstiles.

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Erika Morphy

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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