Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.