{"id":1004292425,"date":"2019-01-17T01:25:17","date_gmt":"2019-01-17T09:25:17","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004292425"},"modified":"2019-01-17T06:56:34","modified_gmt":"2019-01-17T14:56:34","slug":"pbs-renews-extends-lease-in-crystal-city-va","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/pbs-renews-extends-lease-in-crystal-city-va\/","title":{"rendered":"PBS Finds New Location in Crystal City"},"content":{"rendered":"<div id=\"attachment_1004292455\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/1225-S.-Clark-St..jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004292455\" data-attachment-id=\"1004292455\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/pbs-renews-extends-lease-in-crystal-city-va\/1225-s-clark-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/1225-S.-Clark-St..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;0&quot;}\" data-image-title=\"1225 S. Clark St.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;1225 S. Clark St.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/1225-S.-Clark-St..jpg?w=800\" class=\"wp-image-1004292455 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/1225-S.-Clark-St..jpg\" alt=\"1225 S. Clark St.\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/1225-S.-Clark-St..jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/1225-S.-Clark-St..jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/1225-S.-Clark-St..jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004292455\" class=\"wp-caption-text\">1225 S. Clark St.<\/p><\/div>\n<p>PBS has signed a 15-year lease at 1225 S. Clark St. at National Landing in the D.C. suburb of Crystal City, Va., with landlord&nbsp;JBG Smith Properties.<\/p>\n<p>The company currently occupies space at JBG Smith\u2019s 2100 Crystal Dr. building in the same market, and will transfer to its new 120,000-square-foot space next year.<\/p>\n<p><em>\u201cAs a long-standing member of the community, PBS\u2019s decision to remain and relocate within National Landing will contribute to the vibrant workforce of the growing North District,\u201d<\/em> David Ritchey, JBG Smith\u2019s executive vice president of leasing, told <em>Commercial Property Executive<\/em>. \u201c<em>This agreement also represents the leasing of the last large block of space within the North District.\u201d<\/em><\/p>\n<p><em>\u201cPBS has been a long-time tenant and a great partner to JBG Smith,\u201d<\/em> Ritchey said. <em>\u201cTheir decision to continue their growth with us in National Landing for another 15 years shows the strength of the market and of our relationship.\u201d<\/em><\/p>\n<p>Cushman and Wakefield\u2019s Paul Darr, Dale Powell and Chaise Schmidt represented PBS in the lease agreement.<\/p>\n<h2>The place to be<\/h2>\n<div id=\"attachment_1004292461\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/1225-S.-Clark-St.-2.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004292461\" data-attachment-id=\"1004292461\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/pbs-renews-extends-lease-in-crystal-city-va\/1225-s-clark-st-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/1225-S.-Clark-St.-2.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;0&quot;}\" data-image-title=\"1225 S. Clark St.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;1225 S. Clark St.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/1225-S.-Clark-St.-2.jpg?w=800\" class=\"wp-image-1004292461 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/1225-S.-Clark-St.-2.jpg\" alt=\"1225 S. Clark St.\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/1225-S.-Clark-St.-2.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/1225-S.-Clark-St.-2.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/1225-S.-Clark-St.-2.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004292461\" class=\"wp-caption-text\">1225 S. Clark St.<\/p><\/div>\n<p>A hotbed of activity, National Landing is the newly defined interconnected and walkable neighborhood that encompasses&nbsp;Crystal City, the eastern part of Pentagon City and the northern part of Potomac Yard. Located across the Potomac River, National Landing is known both as <a href=\"https:\/\/www.commercialsearch.com\/news\/the-amazon-hq2-quest-is-over-whats-next\/\">one of the two Amazon HQ2 locations<\/a> and as one of the area\u2019s most popular urban mixed-use communities.<\/p>\n<p>National Landing is close by the Crystal City Metro station, offers convenient access to the Virginia Railway Express and is near Reagan National Airport. PBS\u2019s new location also provides good proximity to Long Bridge Park and the future Central District Retail.<\/p>\n<p><em>\u201cToday\u2019s workforce demands active neighborhoods, convenient access to mass transit and green space\u2014National Landing offers all of these and more,\u201d <\/em>Ritchey said.&nbsp;He added that the lease shows JBG Smith\u2019s commitment to retain and attract diverse industries to National Landing, including leading associations and non-profits.<\/p>\n<p>Earlier this month, Spain-based Ponte Gadea acquired The Investment Building, a&nbsp;trophy office property in Washington, D.C., from a joint venture of <a href=\"https:\/\/www.commercialsearch.com\/news\/spains-ponte-gadea-buys-dc-office-tower-for-385m\/\">JP Morgan Asset Management and JBG Smith<\/a> for $385.4 million.<\/p>\n<p><em>Images courtesy of&nbsp;JBG Smith<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Like its current headquarters, the nonprofit broadcaster\u2019s future home is owned by JBG Smith Properties, the submarket\u2019s largest landlord.<\/p>\n","protected":false},"author":451,"featured_media":1004292455,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21808,11,21742,21747,1615],"tags":[32799,34007],"class_list":["post-1004292425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-featured","category-midatlantic","category-latest","category-office","category-washington-dc","tag-cushman-wakefield","tag-jbg-smith-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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