This Week’s D.C. Deal Sheet
Marx Realty has landed a 21.5K SF lease with Locust Street Group at The Herald office building in Downtown D.C. The strategic communications and public relations firm committed to a 12-year lease for the full 10th floor and more than half of the ninth floor.
The New York-based developer acquired the building at 1307 New York Ave. NW in April 2020, then completed a $41.5M renovation, designed by Studios Architecture. Avision Young’s Will Stern and Eli Barnes represented the landlord in the lease, while Savills’ Ken Biberaj and Danielle Ferrari represented the tenant.
View the Full Article