Washington, D.C., March 11, 2011 – The leasing momentum continues in NoMa, as the Office of Personnel Management (OPM) leased 52,000 SF at 999 North Capitol Street, NE, in Union Square, a two-building office complex owned by CIM Group and managed by Akridge.
OPM will occupy the space in the late 2011. The agency represents Union Square‘s third major government lease – the IRS leased 100,000 square feet less than a month ago and the DC Department of Health claimed 150,000 square feet in the development’s southern building, 899 North Capitol, last spring.
Union Square’s two free-standing buildings surround a landscaped central plaza and feature floor-to-ceiling glass on all sides. Both buildings are nearing completion on renovations, including newly designed and modernized entryways, lobbies, elevators and restrooms, enhanced security features and a new fitness facility. Both 899 and 999 North Capitol are LEED Silver certified and have been Energy Star labeled since 2007. More than half of Union Square’s 600,000 square feet have now been leased.
More than 280,000 SF of leases have been signed in NoMa this year already, putting the neighborhood on pace with the 3 million square feet of leases signed in the last three years. Leases in 2011 include private sector tenant Mathematica and family owned retailer The Perfect Pita.
Representing the landlord were Akridge’s Benjamin A. Meisel, Director of Leasing, and Katherine A. Burton, Assistant Vice President of Leasing, along with four members of Cushman & Wakefield’s federal services team: Peter Marcin, Managing Senior Director; Brian Sullivan, Senior Director; Matthew Lynch, Senior Director; and Lauren LeHew, Associate. GSA represented the lease for OPM. The new lease represents a relocation for the agency, which currently occupies office space at 1900 E Street, NW.
NoMa is a vibrant, growing neighborhood north of Union Station and the U.S. Capitol in Washington, D.C. In the last five years, private developers have invested more than $3 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. In 2010, more than 6,000 people moved into NoMa to live or work; and eight new retailers opened for business. NoMa has 15 modes of transportation, including two Red Line Metro stops, and the best biking facilities in DC, with the only East Coast Bikestation, the 8-mile Met Branch Trail, and six Capital Bikeshare stations. For more information about NoMa, visit nomabid.wpengine.com and sign up for our bimonthly newsletter. Follow us on Twitter @NoMaBID; or Facebook at www.facebook.com/nomabid.