WASHINGTON, DC-Real estate law firm Chasen & Chasen has committed to staying in its home in the District’s uptown area for a while longer by signing an eight-year lease extension on its 3,815-sf space at 5225 Wisconsin Ave. The company has been at the same location for the last 14 years.

“It was a nuts and bolts deal, no surprises” Advantis/GVA’s Bruce McNair tells GlobeSt.com of Chasen’s lease renewal. Advantis represented the law firm in the transaction, while Urban Investment Advisors advised building owner Starwood Urban. “Their business as settlement attorneys has just been booming, and the building gives them easy access to suburban Maryland, as well as the District.” Rents in the 95,000-sf structure range from $29.50 to $31.50 per sf. Other tenants in the building–which also has ground-level retail space–include The Choral Arts Society of Washington, Recording for the Blind & Dyslexic, Elizabeth Arden Red Door Salon, and restaurant Bambrule Brasserie.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.