|
Akridge Scores Hat Trick at Gallery Place Offices
Three New Leases Bring Gallery Place Offices to 96% Occupancy
WASHINGTON, Feb. 8 /PRNewswire/ -- Akridge on behalf of the Gallery Place ownership announces today the signing of three leases at The Offices at Gallery Place, 616 H Street, NW. These three transactions bring the 220,000 square foot Class A office building to 96% occupancy, leaving only two suites available on the second and fourth floors.
District-based Children's Law Center leased 16,300 square feet on the third and fourth floors for a term of ten years. CLC will be moving its headquarters from 901 15th St., NW to The Offices at Gallery Place in spring 2007. Gregory Y. Lubar and Eric L. Antonini of The Staubach Company represented CLC in the transaction.
Financial technology firm, NCR Corporation, will occupy 5,900 square feet on the fifth floor for a seven-year term starting February 2007. The Gallery Place move-in will be a consolidation of offices in the District of Columbia for NCR. Brian J. Smith and A. Jefferson Groh of Jones Lang LaSalle represented NCR.
JSA Inc., a nationally known architecture, planning and interior design firm, will take 5,000 square feet for a seven-year term also on the fifth floor. JSA Inc. plans to relocate their national headquarters to The Offices at Gallery Place from their current location in Silver Spring, Maryland in spring of 2007. Michael H. Fox and S. Bruce Pascal of CB Richard Ellis represented NCR in the transaction. Andrew J. Eichberg of Akridge represented the landlord in each of the three lease transactions.
"We are pleased to welcome three top-notch Clients to The Offices at Gallery Place," says Matthew J. Klein, President of Akridge. "The near 100% occupancy rate at The Offices is a testament to the project's numerous amenities and its location in the desirable East End submarket.
About Children's Law Center
The Children's Law Center (CLC) is the largest civil legal service provider in DC and the only organization that provides comprehensive legal representation specifically for children. CLC helps at-risk children in the District of Columbia find safe, permanent homes and the education, health care and social services they need to flourish. The legal services CLC provides are for children, families, and foster and kinship caregivers.
About NCR Corporation
NCR Corporation (NCR) is one of the leading providers of enterprise data warehousing and self servicing technology and services such as automated teller machines (ATMs), retail point of sale (POS) workstations, bar code scanners and self check in/out systems. The company operates in the US, Europe, Middle East, Africa and Asia. It is headquartered in Dayton, Ohio and employs about 28,200 people.
About JSA Inc.
JSA is a nationally known architecture, planning and interior design firm with offices in Portsmouth, NH; Jacksonville, FL and Washington, DC. JSA is organized into studios with expertise in housing, senior living, hospitality, healthcare, higher education, commercial, and corporate interiors.
About Akridge
Akridge is a comprehensive real estate services company that provides acquisition, development, asset and property management, leasing and consulting services. For six out of the last seven years, Akridge was ranked the number one real estate firm in the country, among firms of similar size, for Client satisfaction by CEL & Associates and BOMA. Since 1974, the company's projects have encompassed over 10 million square feet of space in the Greater Washington region. For more information, please visit http://www.akridge.com/.
About Gallery Place
Gallery Place is a distinguished new destination for business, shopping, dining, entertainment and living in downtown Washington. The project includes 230,000 SF of Class A office space, 250,000 SF of prime retail and entertainment space, 192 luxury residential condominiums, and 700 parking spaces in a secure underground garage. Retailers at Gallery Place include a 14-screen Regal Cinema, Clyde's Restaurant, Haagen Dazs, Zengo Restaurant, Lucky Strike Bowling Alley, Bed Bath & Beyond, City Sports, Washington Sports Club, Ann Taylor Loft, Urban Outfitters and BB&T Bank. For more information on the project, visit http://www.galleryplace.com/.
Source: Akridge
CONTACT: Mary Margaret Hiller of Akridge, ,
Web site: http://www.akridge.com/
http://www.galleryplace.com/
|
