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Government Agency Takes 50,000 SF

WASHINGTON, DC-Tenancy is on the rise at 1800 M St., as the government commits to 55,000 sf at the 535,000-sf class B office tower where space is marketed in the upper $30 per-sf range. The lease agreement leaves the class B property 70% occupied.

By Barbra Murray | Updated on July 12, 2004

WASHINGTON, DC-A new tenant will make its home at 1800 M St. now that the General Services Administration has signed on to occupy 53,500 sf of space at the 535,000-sf office building.

The financial details of the transaction have not been disclosed. However, Trammell Crow–the real estate services firm that handles leasing at the property on behalf of owner Prudential Real Estate Investors–markets the space for $35.50 to $38 per sf. The lease, Trammell Crow tells GlobeSt.com, is for a five-year term.

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