Property owner CarrAmerica developed 1201 F St. on a prime corner in the middle of the city's East End area in 2000. Shortly after the building's completion, HIAA signed on for space at $37.50 per sf. These days, asking rents for non-sublet class A space in DC's East End market average out at $43.50 per sf, according to Advantis Real Estate Services' recent monthly update to its District of Columbia Office Survey. The area's vacancy rate, with sublet space included, is about 8.8%. Other tenants at 1201 F St. include law firm Cadwalader Wickersham & Taft LLP, consulting firm Charles River Associates, and the National Federation of Independent Business.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.