Politico to Move HQs to Monday Properties’1000 Wilson Blvd. in Rosslyn
- Aug 18, 2014
Politico is moving its headquarters. But the American political news organization, currently located at 1100 Wilson Blvd., one of Rosslyn’s “Twin Towers” trophy office buildings, won’t go too far away. It’s moving right next door, to 1000 Wilson Blvd., the other ”twin.”
1000 and 1100 Wilson Blvd. are two of the tallest commercial towers in the region. They offer more than 1 million square feet of trophy office space and are LEED-EB Gold certified. Owner Monday Properties recently completed a long-term office lease with Capitol News Co., Politico’s parent company, for 72,000 square feet of space.
“While Politico was aggressively courted by other landlords throughout the Washington, D.C., region, ultimately they decided to establish a long-term tenancy in Rosslyn. It is a testament to Rosslyn’s premier standing as a business location that Politico – with the financial resources to locate anywhere – has chosen to make a strategic decision to locate in Rosslyn,” Tim Helmig, president & COO of Monday Properties, said in a statement for the press.
Politico will move to the new location next spring. Helmig said that Monday will provide the news organization with the amenities to operate 24/7, a unique parking solution, a private outdoor terrace, a backup generator location, more than 55,000 square feet of on-site retail amenities, media-specific facilities, and the option to expand in the building in the future.
The financial details of the deal were not disclosed. Capitol News Co. signed the lease after an extensive search for other potential options. Tom Fulcher, Art Greenberg and Adam Brecher of Savills Studley represented the tenant. The landlord was represented by John Wharton, vice president of leasing at Monday Properties, together with Brendan Owen, Ed Clark and Steve Hoffeditz of Newmark Grubb Knight Frank.
Photo credit: Monday Properties