Tishman Speyer Inks New Tenant at Washington, DC Property

In the metro’s largest office relocation so far this year, Wiley Rein LLP has signed a 166,000-square-foot lease at the new property.
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Wiley Rein LLP has signed a 166,000-square-foot lease at 2050 M St., a new office property developed by Tishman Speyer. The law firm is slated to take floors three through seven, as it will relocate from its current office at 1776 K Street NW. CBRE assisted Wiley with the negotiations. According to the brokerage, this lease represents the largest D.C. market relocation deal so far in 2020.

Joshua Prince-Ramus of REX designed the project on an assemblage that included the existing site of CBS’s Washington, D.C., bureau. The 11-story, 340,000-square-foot building is currently 81 percent leased.

Located in downtown D.C., the property is within 1 mile of the White House. The building is within walking distance of several subway stations, including Dupont Circle and Farragut North. The asset is also 5 miles from Ronald Reagan Washington National Airport.

CBRE’s team included Vice Chairmen Lou Christopher and Tim Dempsey, as well as Director Jordan Brainard and Senior Vice President Greg Maurer-Hollaender. Last month, another team arranged the sale of a three-building, 243,274-square-foot office campus in Palm Beach Gardens, Fla.