WASHINGTON, DC-As the year closes, the DC area real estate community is wrapping up business. Three leases closed recently in the area for a total of 213,075 square foot. In NoMa, the Federal Retirement Thrift Investment Board signed a 55,000-square-foot lease at 77 K St., NE. The agency is moving from 1250 H St., NW next October. The deal brings the 326,000-square-foot building, owned by Brookfield Properties, to 92% occupancy.
David Houck and Elizabeth Cooper of Jones Lang LaSalle represented FRTIB. Cassidy Turley’s Zeke Dodson, Jonathan Wellborn and Eli Barnes represented Brookfield. Other tenants in the 11-story building include congressional newspaper CQ-Roll Call and the IRS, which is occupying six floors.
In Bethesda, MD, CB Richard Ellis helped push to closure two leases totaling158,075 square feet at Piedmont Pointe, which located at 6720 Rockledge Dr. The Henry M. Jackson Foundation for the Advancement of Military Medicine is taking 124,517 square feet next fall. Also, a national health care provider completed a new lease for 33,558 square feet.
The Henry Jackson Foundation is the first tenant in the new two-building complex, according to Dennis Owen, senior vice president at CBRE. Owen, along with Ben Powell and Brad Wilner, represented Piedmont Office Realty Trust in the transaction. Piedmont Pointe, part of the Rock Spring Park corporate office park, totals 424,360 square feet and delivered in two phases; the first in 2007 and Phase II in 2008.
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