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Case Study

Hunton & Williams LLP

​Situation/Process

  • Since 2001, Jones Lang LaSalle has represented, and continues to represent, Hunton & Williams with its entire real estate portfolio. We act as Hunton & Williams’ outsourced real estate department, and work on a daily basis with the firm’s internal core team to proactively manage their real estate needs, including lease administration.
  • Hunton & Williams’ second largest leasehold was their DC office at 1900 K Street, NW. The 157,000 s.f. lease was set to expire in 2011.
  • With few available downtown options and no space to expand in its current building, we put in place a strategy for Hunton & Williams to relocate their existing office in Washington, DC.

Results

  • Our team consummated an anchor tenancy lease at a site under development, owned by George Washington University and ground leased to Boston Properties. The site is called Square 54/2200 Pennsylvania Avenue.
  • A lease was signed for 190,000 r.s.f. of space in this new development, incorporating an efficient design and state of the art work environment.
  • In addition, we negotiated pre-commencement and post commencement expansion options, renewal and other rights to garner flexibility for the firm in the future as well as building exterior signage.

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