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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, +1-202-624-8627,
mmhiller@akridge.com
Web site:
http://www.akridge.com/
http://www.galleryplace.com/
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