Veterans Affairs Signs Lease with Tishman Speyer in NoMa
Washington, D.C., November 8, 2010 – The Department of Veterans Affairs has signed two leases totaling 122,756 SF in NoMa, at Tishman Speyer’s sleek Class A property at 1100 First Street, NE. The leases bring the 347,608-square-foot building to 44 percent leased, including a 2009 lease from the Federal Energy Regulatory Commission.
Two separate user groups within the VA took one lease for the fourth and fifth floors, and a second lease for the sixth and seventh floors. The VA will move in by July 2011. Dan Dooley and Scott Franklin were the in-house negotiators for Tishman Speyer; Joe Brennan, Lucy Kitchin and Brian Saal from Jones Lang LaSalle also represented Tishman Speyer. The General Services Administration represented the Department of Veterans Affairs.
Located two blocks from the New York Avenue Metro station on the Red Line, the 12-story building at 1100 First Street has achieved LEED Gold Certification. NoMa’s first all-glass building offers floor-to-ceiling glass windows, three levels of below-grade parking, an on-site fitness facility and an outdoor plaza. Designed by Krueck and Sexton, 1100 First Street is the first of a two-phase project that will total approximately 705,000 square feet. The second phase will include an identical mirror building on the adjacent parcel.
This announcement marks more than 800,000 SF leased in NoMa in 2010, 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. For a listing of recent leases, visit http://nomabid.wpengine.com/wp-content/uploads/2010/11/Leasing-Activity-November-2010.pdf.
NoMa is the fastest growing neighborhood in Washington, D.C., located north of Massachusetts Avenue and just four blocks from the Capitol. 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 over the next 15 years. More than 5,000 new employees and residents will move into NoMa in 2010. For more information about the BID, including an interactive development map, visit the BID Web site at nomabid.wpengine.com.