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Office for Civil Rights and Civil Liberties Moving In
Washington, DC, February 3, 2009 – Bristol Group, Inc. has signed the Department of Homeland Security Office for Civil Rights and Civil Liberties as a new tenant at One NoMa Station. Thru the General Services Administration, the federal agency has a 5 year lease with a 5 year renewal option for 25,000 square feet on the 6th floor. With this lease, the building is now approximately 80% leased.
David Alperstein of Jones Lang LaSalle's Government Investor Services group represented the owner, Bristol Group, Inc. of San Francisco, while GSA represented itself in the transaction. One NoMa Station is a Class-A, six-floor office building with 412,000 square feet. The building offers views of the U.S. Capitol and other notable Washington, DC landmarks and monuments.
One NoMa Station is located in the NoMa neighborhood, just north of Capitol Hill and Union Station. The neighborhood offers a retail hub at Union Station, a new Metrorail station at New York and Florida Avenues, and serves as the headquarters for XM Satellite Radio, the U.S. Equal Employment Opportunity Commission and the U.S. Bureau of Alcohol, Tobacco and Firearms. As one of Washington’s newest business centers, NoMa is home to over 25,000 office workers and tenants like CNN, CareFirst and the National Cable & Telecommunications. In addition, there is access to various transportation services (Amtrak, MARC and VRE) located at nearby Union Station and highways including I-395, the Beltway (I-495) via Route 50, and the Baltimore-Washington Parkway (I-295).
"It is great to see another Department of Homeland Security group migrating into NoMa, increasing their toe-hold in this exciting neighborhood,” said David Alperstein of Jones Lang LaSalle. “It proves valued Federal tenants continue to be active in the Washington, D.C. market and can find first-class office space that reconciles with the current financial environment and associated Federal budgetary constraints.”
Bristol Group, Inc. is a real estate investment and development firm based in San Francisco, and was founded in 1980. The firm has a successful history in a wide variety of innovative real estate related value-add opportunities, and is a leading investor, developer and operator of industrial properties. Its portfolio is national in scope and consists of over 9 million square feet of commercial properties and over 2,000,000 square feet in pre-development. Bristol Group has created, acquired and performed work outs on over 22,000,000 square feet of space and over 2,500 acres of urban and suburban land. Current development projects include the 900,000 square foot Los Angeles Center Studios entertainment campus in downtown Los Angeles and the 2,200,000 square foot NoMa Station campus in Washington, DC.
Jones Lang LaSalle Government Investor Services – In the Washington, DC region, Jones Lang LaSalle provides comprehensive and integrated real estate and investment management solutions. Jones Lang LaSalle serves owners, occupiers and investors of the Washington, DC area’s most prestigious commercial real estate. Locally the firm’s leasing portfolio includes over 14 million square feet. The firm’s Government Investor Services Group is the largest government real estate advisory practice in the country, offering services including leasing and sale transactions for government agencies and private landlords.
About Jones Lang LaSalle
Jones 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 2007 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.2 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 more than $53 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
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