WASHINGTON, DC—Law firm O'Melveny & Myers,LLP has signed a lease renewal for 101,032 squarefeet at 1625 Eye Street, NW. The firmsecured contiguous space on the top of floors of the building in alease that is running through 2028.
Scott Frankel, Joe Coleman, Mark Klug andDJ Callahan of CBRE negotiatedthe renewal on behalf of the owners, Edge Fundsand Brookfield. Greg McCavera ofJLL and Jeff Welch of theCushman & Wakefield's Los Angeles officenegotiated the renewal on behalf of the law firm.
A vacancy on the top floor of the 370,000-square foot buildingwas one factor behind the decision by the firm to stay put andrenew the lease ahead of the 2018 expiration, according to Frankel.The lease also "accommodates the law firm's desire to restack itsfootprint,” he said.
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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.
