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UBS Pre-leases Skanska’s Newest Property in DC 

UBS has pre-leased a 23,644-square-foot space at 17xM, an office building under development by Skanska at 1700 M St. NW, Washington, DC, per Washington Business Journal’s report. The Swiss financial services giant is expected to move from its current location at 1501 K St. NW upon completion of the 11-story mix-used building in 2024. Skanska is ground-leasing the land owned by JBG Smith Properties. UBS will be joining law firm Gibson Dunn & Crutcher, who signed a lease for more than half of the building in 2021.  

CBRE brokered the lease for Skanska with a team led by Randy Harrell, Jill Goubeaux, Joe Coleman and Lara Nealon, while Cushman & Wakefield represented UBS. 


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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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