{"id":1004603795,"date":"2022-09-23T11:50:56","date_gmt":"2022-09-23T19:50:56","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004603795"},"modified":"2022-12-08T19:08:47","modified_gmt":"2022-12-09T03:08:47","slug":"columbia-property-trust-gets-new-lease-at-washington-d-c-office","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-gets-new-lease-at-washington-d-c-office\/","title":{"rendered":"Columbia Property Trust Completes DC&#8217;s First Mass Timber Office Space"},"content":{"rendered":"\n<div class=\"wp-block-jetpack-slideshow aligncenter\" data-effect=\"slide\"><div class=\"wp-block-jetpack-slideshow_container swiper-container\"><ul class=\"wp-block-jetpack-slideshow_swiper-wrapper swiper-wrapper\"><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1190\" height=\"786\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-1004603813\" data-id=\"1004603813\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_2.png?w=696\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_2.png 1190w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_2.png?resize=300,198 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_2.png?resize=768,507 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_2.png?resize=1024,676 1024w\" sizes=\"(max-width: 1190px) 100vw, 1190px\" \/><figcaption class=\"wp-block-jetpack-slideshow_caption gallery-caption\">80 M Street. All images courtesy of Ron Blunt <\/figcaption><\/figure><\/li><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1194\" height=\"788\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-1004603811\" data-id=\"1004603811\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_1.png?w=696\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_1.png 1194w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_1.png?resize=300,198 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_1.png?resize=768,507 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_1.png?resize=1024,676 1024w\" sizes=\"(max-width: 1194px) 100vw, 1194px\" \/><figcaption class=\"wp-block-jetpack-slideshow_caption gallery-caption\">80 M Street Office Floor<\/figcaption><\/figure><\/li><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1194\" height=\"900\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-1004603814\" data-id=\"1004603814\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_3.png?w=696\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_3.png 1194w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_3.png?resize=300,226 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_3.png?resize=768,579 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Screenshot_3.png?resize=1024,772 1024w\" sizes=\"(max-width: 1194px) 100vw, 1194px\" \/><figcaption class=\"wp-block-jetpack-slideshow_caption gallery-caption\">80 M Street Lobby<\/figcaption><\/figure><\/li><\/ul><a class=\"wp-block-jetpack-slideshow_button-prev swiper-button-prev swiper-button-white\" role=\"button\"><\/a><a class=\"wp-block-jetpack-slideshow_button-next swiper-button-next swiper-button-white\" role=\"button\"><\/a><a aria-label=\"Pause Slideshow\" class=\"wp-block-jetpack-slideshow_button-pause\" role=\"button\"><\/a><div class=\"wp-block-jetpack-slideshow_pagination swiper-pagination swiper-pagination-white\"><\/div><\/div><\/div>\n\n\n<p><strong>Columbia Property Trust Inc.<\/strong> has completed a three-floor, 108,000-square-foot expansion atop an existing office structure at 80 M St. in Washington, D.C. The project is D.C.&#8217;s first office project delivered with <a href=\"https:\/\/www.commercialsearch.com\/news\/the-mass-timber-project-that-captured-peoples-imagination\/\">environmentally friendly mass timber<\/a>. <strong>Hickok Cole<\/strong> was the architect in charge, <strong>DAVIS Construction<\/strong> oversaw construction management and <strong>Arup<\/strong> acted as engineering&nbsp;consultant.<\/p>\n<p>The additional floors were completed on top of the 286,000-square-foot office building that dates back to 2001. The Capitol Riverfront property was purchased by the current ownership in 2004, for $105 million, CommercialEdge data shows.<\/p>\n<p>More than 1,300 tons of mass timber were used for the project. The expansion and renovation of 80 M St. included improved amenities, a 5,000-square-foot penthouse terrace and lounge, an upgraded entry and lobby, a 136-seat modular conference center and a 2,300-square-foot fitness center.<\/p>\n<p>The overhaul resulted in securing 140,000 square feet of leasing deals and renewals since the start of the renovation program. <strong>JLL<\/strong>&#8216;s Executive Managing Director Doug Mueller and Senior Vice President Kristen Mathis negotiated the leases on behalf of the landlord, with the team being in charge of the remaining available space.<\/p>\n<h2>Heightened leasing activity at the upgraded 80 M St.<\/h2>\n<p><strong>American Trucking Association<\/strong> will move its headquarters to the property and will occupy 60,000 square feet of the expansion space. <strong>Walmart<\/strong> signed a new, 21,000-square-foot long-term office lease with Columbia, while <strong>bp America<\/strong> will take 15,000 square feet of the new space. The property currently has 24,000 square feet of expansion space available.&nbsp;<\/p>\n<p>Leasing activity at the property also included renewals and extensions, one of them being Gryphon Technologies\u2019 10,100-square-foot renewal, through 2028.<\/p>\n<p>The developer is looking to achieve LEED Silver Core and Shell certification, along with a WELL Building Standard version 2 qualification for the new portion of the building. The original structure, consisting of the first seven stories, had already received LEED Gold, Energy Star, WiredScore Silver and Fitwel certifications.<\/p>\n<p>Earlier this year, another recently renovated D.C. office building received a <a href=\"https:\/\/www.commercialsearch.com\/news\/grosvenor-lands-82m-refi-for-dc-office-building\/\">$82.1 million refinancing loan<\/a>. Grosvenor&#8217;s 262,190-square-foot office building underwent a $20 million renovation focused on wellness and sustainability and attained LEED Gold certification, among other acknowledgements.<\/p>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>This novel expansion attracted multiple new leases and renewals.<\/p>\n","protected":false},"author":2991,"featured_media":1004603821,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21782,22251,11,21742,21747,21786,1615],"tags":[35449,33221,34980,32796,32779],"class_list":["post-1004603795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-development","category-in-focus","category-midatlantic","category-latest","category-office","category-sustainability","category-washington-dc","tag-arup","tag-columbia-property-trust-inc","tag-hickok-cole-architects","tag-jll","tag-leed"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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