1100 L St. is a 12-story, 308,579-sf office building that also houses CACI and the Civil Division of the Department of Justice. Blake's building portfolio, which includes 1425 K St., 1111 18th St., 1800 G St., 1025 Connecticut Ave., 1120 Connecticut Ave., 1150 Connecticut Ave., 1730 Rhode Island Ave., 2100 K St., and 1122 Connecticut Ave., is 99% occupied--compared to the average of 92% of comparable DC buildings, according to a prepared statement by Lustgarten, who was not able to get in touch with GlobeSt.com in time for deadline.
The Secret Service's renewal is another example of the ballast the government provides to the DC real estate market. Recently, as another example, 1717 H St. filled 120,000 sf with two separate government transactions with the Department of Veterans Affairs and the Department of Homeland Security, in a matter of weeks.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
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.
