The Downtown DC asset, across the street from the Treasury Building and the White House, boasts such tenants as law firm Skadden, Arps, Slate, Meagher & Flom LLP; GSA/Department of the Treasury; Deutsche Banc Alex Brown; and the American Automobile Association. Not too surprisingly, the 220,665-sf building boasts a 99% occupancy.
But JLL's work is apparently cut out for it at the 147,000-foot King Street Station III in Alexandria, which is currently only 60% occupied. Tenants include Legg Mason, Bay Networks and Lumenos Inc.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
