WASHINGTON, DC—Proskauer, a long-standingtenant at 1001 Pennsylvania Ave. is expanding to48,216-square feet at 1001 Pennsylvania Ave. where it has been atenant for eight years. The law firm inked a 15-year lease and willrelocate from the fourth floor to the sixth.
The 14-story building, which is managed byHines and owned by TIAA-CREF, hasapproximately 712,000 square feet of office spaceand 43,029 square feet of retail. Other tenants inthe building include Carlyle Investment Management and Crowell& Moring LLP.
Andrew Sussman and StuartEisenkraft with CBRE's New York officerepresented Proskauer, and Hines represented the buildingowner.
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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.
