Washington, D.C., December 18, 2009 – NoMa BID announces yet another GSA lease in the NoMa (north of Massachusetts Avenue) neighborhood, for 167,000 square feet at 77 K Street, NE. The Internal Revenue Service will consolidate its administrative functions in the first six floors of the 11-story building, which is now 51 percent leased.

“This announcement marks more than 1 million square feet of leases signed in NoMa in 2009, a record number given the state of the market.”

NoMa is “rapidly emerging as a prestigious extension of the downtown area,” said Bart Bush, GSA’s Public Building Service Regional Commissioner. “GSA is pleased to be able to house IRS employees in this fine building.”

The 326,000 sf building at 77 K Street is owned by Brookfield Properties, and opened last year. Brookfield Properties is seeking LEED Certification and an Energy Star rating for the property. 77 K Street – designed by architect Davis Carter Scott – offers convenient access to Union Station and the NoMa residential community, as well as a wide variety of services and amenities. 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.

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. For more information about the BID, including an interactive development map, visit the BID Web site at https://nomabid.org.