Marx Realty Inks 16K-SF in New Leases at The Herald in DC

By: Jasmine Kilman

Marx Realty has signed 16,000 square feet of new leases including two new tenants and a significant expansion at The Herald office building, a 10-story office building in Washington, D.C.

Auburn University’s nonpartisan think tank McCrary Institute will occupy a 5,000-square-foot space in an eight-year lease and legislative and public policy strategy firm August Strategy Group has signed a 3,200-square-foot, six-year lease while a confidential government affairs agency has nearly doubled its footprint, expanding by 7,800 square feet at The Herald.

McCrary Institute has grown its DC footprint, adding this space to its existing tenancy at 101 Constitution and the firm was represented by CBRE’s Greg Culver. August Strategy Group will relocate from Alexandria, and the firm was represented by CBRE’s Caroline Bour.

Located at 1307 New York Avenue, The Herald was originally constructed in 1923 and acquired by Marx Realty in 2020. The 114,000-square-foot building was the former home to the offices and printing presses of the Washington Times-Herald.