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WASHINGTON, DC-Finmeccanica Inc. signed a 10-year, $20-million lease agreement for 32,900 sf at 1625 I St. NW. The Italian defense contracting and high technology concern’s commitment marks the second lease put in place as of late–consulting firm Ballentine Barbera Group recently signed on for 10,800 sf.

Finmeccanica currently makes its home at about four blocks away at 1101 15th St. NW.The 384,200-sf office property is close to the White House and two blocks from Lafayette Park in the central business district. Law firm O’Melveny & Myers is the largest tenant in the 12-story structure, having pre-leased 118,500 sf of the class A facility in 2002.

Kerri Mulligan and Zeke Dodson of Cassidy & Pinkard represented owner Brookfield Properties, while Jim Clark and Matt Sullivan of ML Clark Real Estate represented the tenant. Cassidy & Pinkard currently markets space in the building for $42 to $47 per sf.

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