Cassidy & Pinkard Colliers' Phillip Thomas, Eli Barnes and Will Stern represented Liberty Property Trust. Bruce Pascal and Mike Fox of CB Richard Ellis represented the tenant.
Other tenants occupying the 10-story, 176,390-square-foot building include Widmeyer Communications and YMCA. Currently DC landlords are struggling with growing vacancies--and a growing supply of new and redeveloped buildings that are just now coming online. According to a Jones Lang LaSalle market report, buildings that delivered last quarter--including renovations and expansions--include 300 New Jersey Ave., NW; 1801 K St., NW--11th and 12th floors; 1775 Pennsylvania Ave., NW; 1999 K St., NW; 1200 19th St., NW; 1155 F St., NW; 700 6th St., NW; 55 M St., SE; and 1100 1st St., NE.
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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.
