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WASHINGTON, DC-A new tenant will grace the roster at One McPherson Square now that EagleBank has signed a lease to occupy 5,200 sf of space at the 214,000-sf office facility. The new locale will mark EagleBank’s third branch in the District, and its eighth overall. Terms of the community business bank’s lease with Blake Real Estate Corp.–the real estate services company that handles leasing activity at the building on behalf of property owner BGW LP– have not been disclosed. However, Blake markets space in the building at $43.50 to $47.50 per sf.

Located at 1425 K St., One McPherson Square is a two-year-old class A property that features 10,000 sf of ground-level retail space. The 12-story building is home to a stellar list of occupants, including the Pew Charitable Trusts and a slew of leading law firms. EagleBank, only four years in existence, is clearly not through making its mark in the District and surrounding areas.

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