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News release

WASHINGTON, DC

FiscalNote Takes 20,878 SF at One Thomas Circle

JLL helps legislative and regulator analytics tech company with lease


WASHINGTON, Feb 15, 2016 – FiscalNote, a technology startup building a revolutionary platform for analyzing government risk, is relocating to One Thomas Circle, NW in Washington, D.C. FiscalNote is taking 20,878 square feet in order to accommodate its fast-growing team and will move in at the end of February.

“As FiscalNote continues to grow in talent, our new home at One Thomas Circle will give us the space to create a work environment built specifically for our culture and needs," said FiscalNote CEO Tim Hwang.

FiscalNote is taking previously occupied and wired space that is move-in ready resulting in minimal down time and true speed to occupancy. The technology company is relocating from 1155 F Street NW, where it previously occupied a sublease.

“New technology and creative companies are fighting against the norms of traditional Washington real estate transactions where owners are looking for longer lease commitments,” said JLL Senior Vice President, Bobby Blair. “Many high growth companies such as FiscalNote are forecast to outgrow their space in 18 to 24 months.  Given that real estate costs can be the second most expensive item in a budget, these firms take a more pragmatic, short-term approach.”

One Thomas Circle, which is LEED Gold for Existing Buildings certified, is three blocks from the McPherson Square Metro and adjacent to the bustling 14th Street corridor. The 229,660-square-foot, 12-story building features new elevator cabs and a complete elevator system modernization with direct dispatch control, a fully renovated tenant-only outdoor atrium terrace, a new tenant-only fitness center with towel service and an on-site full service restaurant.

Bobby Blair and Andy O’Brien from JLL represented FiscalNote and Joe Michel from Transwestern represented Polinger Shannon and Luchs, which owns One Thomas Circle.

About FiscalNote
Founded in 2013, DC-based FiscalNote is recognized for its powerful legislative searching, tracking, and forecasting platform as well as its federal and state regulations data and analytics. FiscalNote is the first government risk platform to offer a mobile application, allowing users to access and analyze every bill at every stage from all fifty states, D.C. and Congress on their phones. All these offerings tie to the company’s mission – empowering organizations to take control of their government strategy.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 230 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $56.4 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.