Washington Gas Gets a New Home

WASHINGTON, DC-Washington Gas Light Co., the public utility concern more commonly known as Washington Gas, has made the move to its new corporate headquarters in a 74,000-sf space in the 500,000-sf building at 101 Constitution Ave., also referred to as the United Brotherhood of Carpenters and Joiners building after the structure’s biggest tenant. The move marks a relocation from the company’s former home of 60 years at 1100 H St, which was sold to real estate firm RB Associates Inc. in a $16.3 million deal earlier this year.

Financial terms of Washington Gas’s lease agreement with building leasing agent Studley have not been released, but Studley’s Julie Rayfield tells GlobeSt.com that space in the 10-story building goes for as low as $16 per-sf for concourse level offices, to as much as $65 per sf for offices on the top floor. “All these changes will improve the work environment for employees, increase operating efficiencies, address the company’s growing business needs and support the corporate strategy of fostering a high-performance culture,” Washington Gas CEO James H. DeGraffenreidt Jr. says of the relocation and other company activities.