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Trophy asset in CBD has 115,000 SF available for lease
WASHINGTON, July 25, 2012 – Jones Lang LaSalle (NYSE:JLL) has been chosen by TIAA-CREF to lease 1900 K Street, a distinctive trophy asset in the heart of downtown Washington.
Senior Vice Presidents Evan Behr, Amy Bowser and Doug Mueller, and Mid-Atlantic Market Director Mike Ellis, all of Jones Lang LaSalle, will head the leasing operations for the property on behalf of TIAA-CREF.
The 13-story, 337,000-square-foot office building features a distinctive curtain wall system, using contrasting bands of glass and raised mullions. A semicircular corner entrance, glass-walled rotunda and an impressive three-story lobby atrium distinguish the property, which was designed by internationally acclaimed architect Cesar Pelli.
Amenities for the building include 6,000 square feet of on-site retail, a rooftop terrace with expansive views, a tenant-only fitness center, numerous nearby restaurants and convenient access to the Washington Metro system. Since 2002, the building has earned the ENERGY STAR rating for superior energy performance as a result of retrofits to building systems and improvements to building energy management. In addition, the building has achieved a LEED EB Silver Certification, a designation given to buildings that excel in energy-efficiency and sustainability and have a low environmental impact.
“This is one of the most prominent trophy buildings in downtown Washington, and we look forward to reintroducing it to the market,” said Evan Behr of Jones Lang LaSalle.
The building, located in Washington’s central business district, currently has 115,000 square feet available for lease.
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About TIAA-CREFTIAA-CREF (www.tiaa-cref.org) is a national financial services organization with $487 billion in combined assets under management (as of 3/31/12) and is the leading provider of retirement services in the academic, research, medical and cultural fields.
About Jones Lang LaSalleJones Lang LaSalle (NYSE: JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $47.2 billion of assets under management. For further information, please visit www.joneslanglasalle.com.
TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products.
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