Law Firm Takes on 64,000 SF in Georgetown

WASHINGTON, DC-Law firm Foley & Lardner has signed a lease for 63,855-sf of space in Georgetown’s Foundry Building at 1055 Thomas Jefferson Street. While the exact value of the seven-year lease was not disclosed, office space in the 210,000-sf building goes for about $30 to $35 per-sf. Trammell Crow represented building owner TMT Foundry, LLC in the transaction and Insignia stood in for Foley.

“This was an expansion of a law firm out of Washington Harbor,” Trammell Crow’s Carden McGehee tells GlobeSt.com. The new space will serve as an addition to Foley’s current digs at 3000 K Street, which is just around the corner from the Foundry. The attorneys will not occupy the building until July, as The National Academy of Sciences is still the tenant in the space.