CQ-Roll Call Joins Media Groups in NoMa
Washington, D.C., September 13, 2010 – The heavyweight congressional newspaper CQ-Roll Call, Inc. has joined the big media names already in NoMa, with a 71,500 SF lease in 77 K Street, NE, owned by Brookfield Office Properties.
NoMa is a media haven already, home to CNN’s Washington bureau and the DC headquarters of Sirius XM Satellite Radio. NPR purchased a property on North Capitol Street in 2008 and will break ground this year on a 300,000 SF headquarters facility.
CQ-Roll Call will move into 77 K Street in April 2011, consolidating three offices from around the region on the entire seventh and eighth floors, as well as a portion of the ninth floor. Elyse Wolford with Grubb & Ellis represented the tenant; Zeke Dodson, Kim Quirante, Jonathan Wellborn and Eli Barnes with Cassidy Turley represented Brookfield Office Properties. The 326,000 SF building is now 76 percent leased. In December, the Internal Revenue Service announced a lease that will consolidate its administrative functions in the first six floors of the 11-story building.
“We are excited that NoMa is enjoying sustained interest from the private sector,” said NoMa Business Improvement District President Liz Price. “CQ-Roll Call’s decision reinforces the appeal this market has to the media industry writ large as well as the good value it represents to all tenant classes.” Several non profit associations, the American Bus Association and NASPA, the Student Affairs Administrators in Higher Education, have signed leases at 111 K Street, NE, this year.
The streets grow busier in NoMa each day: Potbelly Sandwich Works opens in September, followed by Tynan Coffee & Tea, TD Bank and Georgetown Valet. The Community College of the District of Columbia started classes at 801 N. Capitol Street on September 13, bringing more than 2,500 students, faculty and staff to the neighborhood. Employees with the Department of Justice continue to move into 145 N Street, NE, through October. Meanwhile, the Loree Grand has already leased 70 luxury apartments since June, meaning the 212-unit building is 33 percent leased. The Flats 130 at Constitution Square has already leased dozens of apartments, and the first tenants move into the building in mid-September.
The announcement marks more than 700,000 SF leased in NoMa this year, putting the neighborhood on track to follow the successes of the past two years; NoMa leased more than 1 million square feet in both 2008 and 2009.
Brookfield Office Properties is seeking LEED Certification and an Energy Star rating for 77 K Street. The property features 31,000-square-foot floor plates, an expansive two-story lobby, a fitness center, and a rooftop terrace with views of the U.S. Capitol. The property also contains three levels of below-grade public parking. Café Phillips occupies the corner of First and K Streets, NE, offering deli breakfast and lunch options; roughly 800 SF of retail space are still available.
NoMa is a mixed-use neighborhood north of Massachusetts Avenue and the U.S. Capitol in Washington, D.C. Between 2007-2009, private developers have invested more than $1.5 billion in the 35-block area covered by the NoMa BID, and have plans to develop more than 20 million square feet of office, residential, hotel, and retail space over the next 15 years. More than 5,000 new employees and residents will move into NoMa in 2010. View our NoMa Summer Screen video here: www.nomasummerscreen.com. For more information about the BID, including an interactive development map, visit the BID Web site at nomabid.wpengine.com.