2023年6月14日

背后的团队重建WMATA的前总部附近的画廊地铁站已登陆一个199 k科幻租户,允许它开始建设一个罕见的新办公室项目。15年处理Crowell & Moring律师事务所代表最大的私营部门租赁。自2019年以来,开发人员宣布在周二上午破土动工仪式。这个项目是由合资公司Stonebridge和洛克菲勒集团。公司获得了99年的地面倾斜破旧的九层的租赁,381 k科幻建筑2020年,WMATA后在2018年决定寻找一个新的总部。1970年代的风险是引导重建建筑NW第五大街600号,自1974年以来担任交通机构的总部。重建将添加三个故事总计约100 k科幻和将开拓15 k科幻底层零售。美国日本投资者大成建设有限责任公司和三菱房地产纽约为项目提供融资,预计将花费375美元,Stonebridge校长Doug Firstenberg告诉Bisnow。“现在事情太困难,只是随着经济和资本市场,所以能够把一个375美元的项目,完成在一个市中心的办公大楼,它太棒了,”Firstenberg在接受采访时表示。“我们是大市区的信徒。”Mayor Muriel Bowser , developers, financing partners and Crowell attorneys held an event to announce the deal Tuesday morning at the National Building Museum . Remarks were followed by a ceremonial groundbreaking. “It’s clear from Crowell’s decision to come here that in-person work and collaboration is the heart of why people come to Washington: to be collaborative, to work on the big issues, not only of the United States but of the world,” Bowser said. Bisnow/Emily Wishingrad Crowell & Moring Management Board Chair Philip Inglima speaks at the ceremonial groundbreaking event. Ward 2 Council Member Brooke Pinto said she hopes the deal will encourage other businesses to invest in downtown, serving as an example “for employers who are still trepidatious about making long-term plans given the uncertainty of the last several years.” Crowell & Moring’s lease represents a downsizing from its 280K SF office at 1001 Pennsylvania Ave. NW. “We will be taking much less space,” Crowell & Moring Management Board Chair Philip Inglima told Bisnow. “We’re going to work more efficiently, and we’re going to be putting a heavy priority on the community space, space that’s used collaboratively between our lawyers and especially with our clients.” Courtesy of Rockefeller Group A rendering of the $375M redevelopment project at 500 Fifth St. NW. Inglima said the firm doesn’t have a return-to-office policy, but it is “strongly encouraging” employees to come back. He estimates just over half of employees come into the office on any given day. “It’s taking a little time, but we’re encouraged, and we believe that places like this will be a magnet for our folks to be back in the workplace," he said. Inglima told Bisnow the firm is planning on moving in sometime in the first half of 2026. Office leasing was at historic lows in the first quarter of the year, and office vacancy reached 22% across D.C., with vacancy in the Central Business District at 26%, according to Savills ' first-quarter report. But for the deals that are getting done, law firms are leading the way, with big leases from firms like Pillsbury Winthrop Shaw Pittman and Kellogg Hansen . Firstenberg said the team has had some initial conversations with potential tenants for the building's roughly 200K SF of remaining space, but that the team is going to be “very patient.” JLL ’s Tom Doughty, Elizabeth Cooper and Greg McCavera represented the law firm in the lease, while CBRE ’s Scott Frankel, Carroll Cavanagh, Dimitri Hajimihalis, Emily Eppolito and DJ Callahan represented the developers. In the ground-lease transaction, JLL’s Bill Prutting and Martine Combal represented WMATA, while Cushman & Wakefield ’s Bill Collins, Drew Flood, Marshall Scanlon and Bindi Shah represented the developers. Contact Emily Wishingrad at emily.wishingrad@bisnow.com