WASHINGTON, DC-Studley is in talk with two teams of brokers that, if it all works out, will add six new employees to its local roster, Studley Executive Vice President and Co-Regional Manager David Lipson tells GlobeSt.com. It is the latest sign of the tenant rep’s steady growth, he adds. “2011 was a record year for the company and region. We expect to do at least as well locally and nationally in 2012.” He declined to offer specific financial metrics, noting Studley is privately held.

Its growing employee base, though, is obvious indicator. Since January, the company has added 14 brokerage professionals to its DC regional office roster, for a 34% increase in its overall headcount this year. To accommodate these people, the company took space in an adjacent suite, for an additional 3,000 square feet at its local office at 555 13th St., NW. This was the office’s fourth office expansion in seven years and brings the firm’s total square footage in the building to 16,000 square feet.

The company has some term remaining on its lease, Lipson says—which is why it didn’t do what so many of its clients are doing now, namely reevaluating space needs on a strategic level. “We didn’t have the opportunity to do that with this transaction, but we are looking forward to it,” he says.

Meanwhile, the hiring process will continue, although Lipson takes pain to say the firm is not hiring willy nilly. “We value every seat and will only fill them with quality people.”

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.