"Referring to a hearing on the matter held on Oct. 1, Judge Arthur J. Gonzalez later signed-off on an official document stating, "the Court, having found and determined that the legal and factual bases set forth in the record of the hearing, warrant denial of the motion." WorldCom attorneys now await a ruling from the court, scheduled for November 12, on the company's request to hire a joint venture led by Hilco Real Estate LLC to take control of the property's fate. Already, the buildings are listed--without lease or sales pricing--on Hilco's website. It is rumored that WorldCom lawyers believe leasing the property would increase the complex's value. Other press reports hint that the company is currently attempting to orchestrate a leasing deal with the Transportation Security Administration, which is in the market for about half a million sf of office space.

Located at 601 and 701 South 12 Street, off the off I I-395, the former MCI structures were constructed twenty years ago. Among the complex's amenities are 1,100 underground parking spaces. The two 12-story, class A towers are referred to as Pentagon City One and Pentagon City Two.