WASHINGTON, DC--The American Psychological Association has tapped Cassidy Turley to provide property management services for its two-building portfolio here.
The two office buildings encompass 609,106 square feet in Washington, DC. They are located at 750 First St. and 10 G St., NE in the Capitol Hill.
Space is traditionally constrained in this tiny but geographically-significant submarket. More space is, however, being created for other associations and other entities that are interested in establishing a foothold near the Capitol.
In June Republic Properties announced it was moving forward with plans to build a 200,000-square foot spec office in Capitol Hill after CBRE's Capital Markets team helped it secure $65 million in construction finance. The building will be located at 660 North Capitol St. and have 24,500-square foot floor plates that will be well-suited for the lobbying firms and associations.
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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.
