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CXP Secures 20K-SF of Leases at D.C. Office Property

Columbia Property Trust has secured more than 20,000 square feet of leasing transactions this year at Market Square, a trophy office property in Washington D.C.

Located at 701 and 801 Pennsylvania Ave., the historic 675,000-square-foot property is now 90% leased to a tenant base that includes more than 30 Fortune 500 companies. CXP’s recent activity at Market Square includes two new lease signings and three renewals. Among these are Brown-Forman, one of the largest American-owned spirits and wine companies, which has signed a new direct lease for 4,400 square feet at Market Square.  The Real Estate Roundtable also signed a lease renewal for 6,350 square feet, while two additional firms will remain in approximately 8,000 square feet.

Columbia owns Market Square through a joint venture with Blackstone Property Partners.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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