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WASHINGTON, DC-JBG Cos. has scored a major coupe with a 30,221-square-foot lease at its recently-acquired office building, Jefferson Court. In other parts of the city, 30,221 square feet might be something of a yawner–for this particular submarket, Georgetown, it is a major deal. Most leases tend to be inked by mid-sized companies for mid-sized spaces. American Institutes for Research is taking the space at the building, located at 1025 Thomas Jefferson Street, NW. J Street is providing leasing services for the building.

JBG’s acquisition of the building was a value-add play. J Street’s Geoff Kieffer tells GlobeSt.com that the 316,000-square-foot building traded with a 90,000-square-foot vacancy. “This deal brings us to 60,000 feet that needs to be filled,” he said. JBG, in fact, is in the process of negotiating another deal–one more in sync with Georgetown’s usual activity–that will take another 3,000 feet.

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