The JBG Companies announced today that international law firm Goodwin Procter LLP signed an 80,329-square-foot lease at its planned 1900 N Street trophy office development in Northwest. Goodwin, moving from 901 New York Ave in the East End, will occupy the building’s top three floors. The project is expected to be completed in late 2019.
“We are very pleased and honored that Goodwin Procter LLP has selected 1900 N Street for their Washington, DC office, and we are thrilled to partner with them to deliver a world-class environment for the firm,” said David Ritchey, Executive Vice President and Head of Leasing for JBG. “Goodwin’s decision to relocate to 1900 N Street further validates our strategic location and best-in-class design, specifically addressing the needs of forward looking, industry leading professional services organizations.”
The 271,433-rentable-square-foot, trophy office building will be in the bustling Dupont Circle and Farragut area with numerous dining, shopping, entertainment, and transit options. The eleven-story development, now 30 percent pre-leased, is designed as a translucent and modern interpretation of a tower with an iconic structural beam skeleton. Prominently situated in D.C.’s Central Business District, 1900 N Street is two blocks from the Dupont Circle Metro station (red line) and four blocks from the Farragut West Metro station (blue, orange and silver lines).
“We are excited to be moving to DuPont Circle, one of the most vibrant sections of the city,” said Alex Randall, Goodwin partner and Real Estate Counsel. “As we continue to see strong client demand across Goodwin’s key practices in the D.C. market, our new address at 1900 N St, NW will be a perfect new home for us – one that combines accessible location, modern design that fosters collaboration, and premium amenities for the benefit of our lawyers, staff and our clients. We look forward to partnering with JBG to complete the relocation in 2019.”
David Lipson and Gary Stein, both of Savills Studley, were the lead brokers representing Goodwin Procter LLP on the lease.
About The JBG Companies
Headquartered in Chevy Chase, Maryland, The JBG Companies, a private real estate investment firm is merging with Vornado/Charles E. Smith in July 2017 into a new public company JBG SMITH.
The new JBG SMITH will be the largest, publicly traded, pure-play real estate company in the Washington, DC metropolitan area. With a track record of over 50 years, JBG SMITH will own, operate, invest in and develop assets with a concentrated focus on leading urban infill submarkets in and around the Washington, DC metro area. The mixed-use operating portfolio will comprise approximately 20 million square feet of high-quality office, multifamily and retail assets, 98% of which are Metro-served. JBG SMITH’s emphasis on placemaking will drive value across the portfolio and create unique, amenity-rich, walkable neighborhoods and attractive environments in the communities in which it invests. The future development pipeline will include over 18 million square feet of potential development density located in infill locations in the Washington, DC metropolitan area. www.goodwinlaw.com and follow us on Twitter at @goodwinlaw and on LinkedIn.