{"id":7461,"date":"2026-09-16T07:13:06","date_gmt":"2026-09-16T07:13:06","guid":{"rendered":"https:\/\/www.commercialsearch.com\/blog\/?p=7461"},"modified":"2026-09-16T07:15:36","modified_gmt":"2026-09-16T07:15:36","slug":"omelveny-renews-100k-sf-1625-eye-street-dc","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/blog\/omelveny-renews-100k-sf-1625-eye-street-dc\/","title":{"rendered":"Law Firm Renews 100K Sq. Ft. at D.C. Office Ahead of Major Renovation"},"content":{"rendered":"<p>O\u2019Melveny &amp; Myers has signed a 15-year renewal for roughly 100,000 square feet at 1625 Eye St. NW in Washington, D.C., keeping the law firm in the building where it has been a tenant since 2003. O\u2019Melveny is the property\u2019s largest tenant by square footage and occupies its top three floors at the 405,000-square-foot building, which is located two blocks north of the White House.<\/p>\n<p>The renewal comes as the building\u2019s new owners prepare for a substantial renovation. GreenBarn Investment Group, FarmView Ventures and capital partner Farallon Capital acquired the property in 2025, taking it through a foreclosure auction with a $60.5 million credit bid. Now, the owners plan to redesign the lobby, upgrade security, and add a rooftop with indoor and outdoor gathering areas. Plans also call for a conference and event facility; an expanded tenant fitness center; and new retail from LDV Hospitality, including American Cut Steakhouse and an Italian caf\u00e9.<\/p>\n<p>\u201cWe have known this asset for many years and have always believed in the quality of the building, its irreplaceable location and its long-term potential,\u201d said John Wolf, founder and managing partner of FarmView Ventures.<\/p>\n<p>The 12-story building was completed in 2003, replacing the former Cafritz Building, and holds LEED Gold certification. It features a nine-story atrium and a 425-space parking garage.<\/p>\n<figure id=\"attachment_7462\" aria-describedby=\"caption-attachment-7462\" style=\"width: 1000px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-7462 size-full lazyload\" src=\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2026\/09\/1625-Eye-St.-NW.jpg\" alt=\"\" width=\"1000\" height=\"800\" data-srcset=\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2026\/09\/1625-Eye-St.-NW.jpg 1000w, https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2026\/09\/1625-Eye-St.-NW.jpg?resize=300,240 300w, https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2026\/09\/1625-Eye-St.-NW.jpg?resize=768,614 768w\" sizes=\"auto\" \/><figcaption id=\"caption-attachment-7462\" class=\"wp-caption-text\">1625 I Street Nw, Washington, DC<\/figcaption><\/figure>\n<p>Founded in Los Angeles in 1885, O\u2019Melveny has 18 offices worldwide.<\/p>\n<p>Avison Young\u2019s Eli Barnes, Jonathan Wellborn, Will Stern, Lauryn Harris and Macy Parana represented ownership, while CBRE\u2019s Jeff Welch and JLL\u2019s Greg McCavera and Ella Adkins represented O\u2019Melveny.<\/p>\n<p>For the wider Washington, D.C. office market, asking rates averaged $40.55 per square foot in July \u2014 well above the $33.58 national average, according to Yardi Research data cited by CommercialCafe. Meanwhile, vacancy stood at 19.4%, compared with 17.7% nationally.<\/p>\n<p>To that end, the market continues to contend with office job losses: Office-using employment in Washington, D.C. was down 2.4% year-over-year in June, according to Bureau of Labor Statistics data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>O\u2019Melveny &amp; Myers has signed a 15-year renewal for roughly 100,000 square feet at 1625 Eye St. NW in Washington, D.C., keeping the law firm in the building where it has been a tenant since 2003. O\u2019Melveny is the property\u2019s largest tenant by square footage and occupies its top three floors at the 405,000-square-foot building, which is located two blocks north of the White House. The renewal comes as the building\u2019s new owners prepare for a substantial renovation. GreenBarn Investment Group, FarmView Ventures and capital partner Farallon Capital acquired the property in 2025, taking it through a foreclosure auction with&#8230;<\/p>\n","protected":false},"author":3163,"featured_media":2720,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-7461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-office-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>O\u2019Melveny Renews 100K SF at 1625 Eye St. in Washington, D.C.<\/title>\n<meta name=\"description\" content=\"O\u2019Melveny &amp; Myers has signed a 15-year renewal for roughly 100,000 square feet at 1625 Eye St. NW in Washington, D.C., ahead of a major renovation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/blog\/omelveny-renews-100k-sf-1625-eye-street-dc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"O\u2019Melveny Renews 100K SF at 1625 Eye St. in Washington, D.C.\" \/>\n<meta property=\"og:description\" content=\"O\u2019Melveny &amp; Myers has signed a 15-year renewal for roughly 100,000 square feet at 1625 Eye St. NW in Washington, D.C., ahead of a major renovation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/blog\/omelveny-renews-100k-sf-1625-eye-street-dc\/\" \/>\n<meta property=\"og:site_name\" content=\"CommercialSearch\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-16T07:13:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-16T07:15:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2024\/03\/Washington-DC-Office-Space.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1300\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Matthew Preston\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Matthew Preston\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/blog\\\/omelveny-renews-100k-sf-1625-eye-street-dc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/blog\\\/omelveny-renews-100k-sf-1625-eye-street-dc\\\/\"},\"author\":{\"name\":\"Matthew Preston\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/blog\\\/#\\\/schema\\\/person\\\/44a8a1fa2b4207afba1c2bb0ef1e2d80\"},\"headline\":\"Law Firm Renews 100K Sq. 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