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Atlantic Council Relocates to L Street in DC’s Largest New Office Lease of Q1

The Atlantic Council, a major foreign policy think tank, has signed a lease for 79,671 square feet at the Aleck building at 1400 L St. NW, nearly twice the size of its current space 1030 15th St. NW. The Washington Business Journal reported it was the largest new lease signed in the District during a relatively quiet first quarter of 2023. 

Founded in 1961, The Atlantic Council focuses on international affairs issues covering security, defense, economics, politics and diplomacy. It has about 650 personnel around the world who frequently convene in DC, its global headquarters, for events. 

Mark Klug, Scott Frankel, Carroll Cavanagh, Emily Eppolito and Dimitri Hajimihalis of CBRE brokered the lease on behalf of landlord The Meridian Group. Cushman & Wakefield’s Kurt Richter, Ned Goodwin and Reed Miller represented The Atlantic Council. A Council spokesperson told the Business Journal that the relocation will happen in late 2024. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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