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Reed Smith Renews 79,692 SF; Other Lease News

WASHINGTON, DC—Hines has promised to make several renovations to the building as part of the renewal deal with the law firm.

By Erika Morphy | Updated on April 16, 2014

WASHINGTON, DC—Reed Smith LLP is renewing its space at One Franklin Square, Hines’ 12-story, 599,217-square-foot office complex at 1301 K St., NW. The law firm’s new lease for 79,692 square feet will begin in 2016. JLL’s Greg McCavera and Philip Leibow were Reed Smith’s tenant representative in the deal, which consolidates the law firm’s footprint in the building onto the top floors.

Under the deal, it will leave the 7th floor to occupy 10th floor and, along with its existing offices on 11 and 12, occupy the top three floors of the complex’s East Tower through the end of 2027.

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