WASHINGTON, DC-Leasing appears to be ramping up in the District, based on a handful of deals that have closed. Some of the deals are typically DC–including one by the World Bank. One new tenant, though, could be characterized as atypical, but based on the direction the city is headed, that description could one day be outdated.

That tenant was secured by Douglas Development, which has inked two leases with the New York-based entrepreneurial hub, WeWork. WeWork will occupy 32,903 square feet in the Wonder Bread Factory, located at 641 South Street, NW; and 21,350 square feet at 718 7th Street, NW in Chinatown. Jones Lang LaSalle’s Jay Farmer, Steve Burman, Greg McCavera and Sean Black represented WeWork. Evan Behr and Doug Mueller of Jones Lang LaSalle represented Douglas Development.

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.