{"id":1004231962,"date":"2018-05-25T02:42:58","date_gmt":"2018-05-25T10:42:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004231962"},"modified":"2022-12-08T18:51:49","modified_gmt":"2022-12-09T02:51:49","slug":"world-wide-technology-enters-dc-market","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/world-wide-technology-enters-dc-market\/","title":{"rendered":"World Wide Technology Enters DC Market"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004231964\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Terrell-Place-Washington-D.C..jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004231964\" data-attachment-id=\"1004231964\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/world-wide-technology-enters-dc-market\/terrell-place-washington-d-c\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Terrell-Place-Washington-D.C..jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Terrell Place, Washington, D.C.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Terrell Place, Washington, D.C.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Terrell-Place-Washington-D.C..jpg?w=800\" class=\"wp-image-1004231964 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Terrell-Place-Washington-D.C..jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Terrell-Place-Washington-D.C..jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Terrell-Place-Washington-D.C..jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Terrell-Place-Washington-D.C..jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004231964\" class=\"wp-caption-text\">Terrell Place, Washington, D.C.<\/p><\/div>\n<p>World Wide Technology, a technology solution provider, has opened its first Washington, D.C., office in Terrell Place. The location is part of an interconnected property that also includes the Hecht&#8217;s Building and 650 F St.<\/p>\n<p>The company will be occupying 11,640 square feet at the 11-story building, located at\u00a0575 Seventh St. N.W. Totaling 428,000 square feet, Terrell Place was constructed in 1924 and underwent renovations in 2003. The property includes 9,800 square feet of retail, a fitness center and five passenger elevators. The LEED Platinum asset last changed hands in September 2010, when Beacon Capital Partners purchased the building from Tishman Speyer for $230 million.<\/p>\n<p><em>&#8220;We partnered with NKF to evaluate multiple locations in the District,&#8221;<\/em> said Bryan Thomas, vice president of federal sales for World Wide Technology, in a prepared statement. <em>&#8220;Ultimately, Terrell Place best suited our needs allowing us to build a high-end Innovation Center to showcase our technology in a building that&#8217;s already pushing the boundaries of technology in a Metro-friendly location.&#8221;<\/em><\/p>\n<p>NKF&#8217;s Executive Managing Directors Ed Clark and Steve Hoffeditz represented World Wide Technology in its lease negotiation. Also this week, NKF represented Unity Health Care in <a href=\"https:\/\/www.commercialsearch.com\/news\/unity-health-relocates-dc-hq\/\">signing a 27,912-square-foot lease<\/a> at Federal Way, moving its administrative headquarters to the Class A office building in\u00a0Washington, D.C.\u2019s Capitol Riverfront neighborhood.<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NKF represented the technology solution provider in signing a lease to occupy more than 10,000 square feet at the LEED Platinum certified Terrell Place.<\/p>\n","protected":false},"author":746,"featured_media":1004231964,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,11,21742,21747,1615],"tags":[32779,36007],"class_list":["post-1004231962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-midatlantic","category-latest","category-office","category-washington-dc","tag-leed","tag-newmark-knight-frank"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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She has a background in Journalism and joined the team in 2016. She produces the MHN Daily newsletter, manages byline content, oversees the Research Center for both brands and hosts the Multifamily's Top Marketers podcast. 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