{"id":1004459026,"date":"2020-06-26T04:24:11","date_gmt":"2020-06-26T12:24:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004459026"},"modified":"2025-02-26T03:16:20","modified_gmt":"2025-02-26T11:16:20","slug":"savills-closes-82-ksf-office-lease-in-washington-dc","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/savills-closes-82-ksf-office-lease-in-washington-dc\/","title":{"rendered":"Savills Closes 82 KSF Office Lease in Washington, DC"},"content":{"rendered":"<div id=\"attachment_1004459029\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/1201-Pennsylvania-Ave.-NW.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004459029\" data-attachment-id=\"1004459029\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/savills-closes-82-ksf-office-lease-in-washington-dc\/1201-pennsylvania-ave-nw\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/1201-Pennsylvania-Ave.-NW.jpg\" data-orig-size=\"1000,800\" 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=\"1201 Pennsylvania Ave. NW\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;1201 Pennsylvania Ave. NW&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/1201-Pennsylvania-Ave.-NW.jpg?w=1000\" class=\"wp-image-1004459029 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/1201-Pennsylvania-Ave.-NW.jpg\" alt=\"\" width=\"300\" height=\"240\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/1201-Pennsylvania-Ave.-NW.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/1201-Pennsylvania-Ave.-NW.jpg?resize=300,240 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/1201-Pennsylvania-Ave.-NW.jpg?resize=768,614 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004459029\" class=\"wp-caption-text\">1201 Pennsylvania Ave. NW<\/p><\/div>\n<p>Savills has negotiated an 82,000-square-foot office lease&nbsp;at 1201 Pennsylvania Ave. NW in Washington, D.C. National Endowment for Democracy (NED) signed a 16-year contract for the 10th and 11th floors of the 445,000-square-foot building owned by Sentinel Real Estate Corp.<\/p>\n<p>Savills Executive Vice President Ben Plaisted, <a href=\"https:\/\/www.commercialsearch.com\/news\/how-safe-office-reopening-strategies-are-reshaping-leases\/\">Vice Chairman David Lipson<\/a> and Senior Managing Director Greg Scheipers assisted the tenant. JLL Executive Managing Directors Evan Behr and Doug Mueller, and Vice President Mac Hall negotiated on behalf of the owner.<\/p>\n<p>The nonpfrofit will be moving from 1025 F St. NW, where it occupied only 65,000 square feet. The 13-story building was completed in 1980 and renovated in 2013, according to Yardi Matrix data. The property features a conference room, a fitness center and a 14,000-square-foot rooftop terrace. NED\u2019s new office has an internal staircase which connects the two floors it will occupy. The building is close to several governmental offices, including The White House, The United States Capitol and The Supreme Court.<\/p>\n<div><em>If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in <\/em><a href=\"https:\/\/www.surveymonkey.com\/r\/BrokersCorner\" target=\"_blank\" rel=\"noopener\"><strong><em>our short form<\/em><\/strong><\/a><em> or send your deal to <\/em><a href=\"mailto:deals@cpe-mhn.com\" target=\"_blank\" rel=\"noopener\"><strong><em>deals@cpe-mhn.com<\/em><\/strong><\/a><em>.<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ben Plaisted, David Lipson and Greg Scheipers represented the tenant, nonprofit National Endowment for Democracy.<\/p>\n","protected":false},"author":867,"featured_media":1004365520,"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":[32796,34107],"class_list":["post-1004459026","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-jll","tag-savills"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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