Phillip Thomas and Kimball Wood from Cassidy & Pinkard areleading the leasing efforts on behalf of Rreef. The building wasbuilt in 1982 and renovated in the mid 1990s. Current tenantsinclude Strategic Healthcare and Northrop Grumman.

Space in the East End is at a premium, with few large blocks ofclass A office space available to law firms, associations andlobbyists--the typical tenants that set up operations in this partof the District. Exceptions do exist, of course. The law firm ShookHardy & Bacon LLP is taking 37,572 sf in anew building in the East End currently under development by TishmanSpeyer and Douglas Development. The building, 1155 F St., is set todeliver by January 2009. Then there is 1101 K St.,owned by the JBG Cos., which is still largely vacant after havingdelivered in 2006. JBG selected Cassidy & Pinkard Colliers tolease out the 310,000-sf office. But the rule for the East Endsubmarket is tight space and rental rates with little wiggle roomfor negotiations—even as new supplycontinues to enter the market.

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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.