Represented by the General Services Administration, DOT hassought bids for a headquarters of 1.3 million sf, which will pay$55 million in rent annually, making it one of the biggest leasesup for grabs. Five developers remain in the running: two withproposals for the Southeast Federal Center at M Street SE and NewJersey Avenue, Republic Properties' Portals site at 14th Street andMaryland Avenue, another developer with 801 New Jersey Ave., andDOT's current headquarters at L'Enfant Plaza.GSA hopes to name awinner by September.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
