Washington, D.C., February 1, 2012 - Lerner Enterprises, Washington, D.C.’s largest private real estate developer, and The Tower Companies, the largest Green Builders in the Nation’s Capital, both of Rockville, Maryland, announced today that the law firm of Gibson, Dunn & Crutcher, LLP, has signed a long-term lease extension and will expand their offices at Washington Square to 205,000 square feet. The award-winning 1,000,000 square foot landmark office building is located at 1050 Connecticut Avenue at L Street, NW, with immediate access to the Farragut North Metro Station in the heart of Washington’s Central Business District.
“This extension and expansion further solidifies our longtime relationship, and we are delighted that Gibson, Dunn & Crutcher will continue to call Washington Square their home for many years to come,” added Mark D. Lerner, a principal of Lerner Enterprises. “Washington Square offers the location, amenities and distinction that so many companies desire” he added.
Gibson was represented by Elizabeth K. Cooper of the Washington, D.C. office of Jones Lang LaSalle and Washington Square was represented by Brian F. Tucker and Brian R. Raher of Cushman and Wakefield. Washington Square currently has 23,000 square feet on the 10th floor and 20,000 square feet on the 12th floor for immediate occupancy and 170,000 square feet available for occupancy beginning in January, 2013.
Washington Square (WashingtonSquareDC.com) was originally developed by Lerner and Tower in 1982 and recently completed a major $14 million dollar common area renovation. Baker Hostetler, another distinguished law firm and long-term tenant at Washington Square signed a long-term renewal and expanded to 100,000 square feet in 2011.
Lerner’s newest developments include 1775 Tysons Boulevard (Tysons2.com), an 18-story, 476,000 square-foot Class ‘A’ office tower that is currently under construction, is footsteps from the Tysons I and Tysons II Metro Station and has the certification goal of LEED® Platinum – the first office building development in Tysons Corner, Virginia to do so; and Fallsgrove Plaza (FallsgroveOffice.com), a planned state-of-the-art five-story 110,000 square-foot Class ‘A’ medical office building with a LEED® Gold certification goal. The project is located on Shady Grove Road in Rockville, Maryland within the Life Science Corridor of Montgomery County, Maryland.
About The Tower Companies
The Tower Companies (TowerCompanies.com) is a three-generation, award-winning, and eco-driven, real estate development company, founded in 1947 and headquartered in Rockville, Maryland. Recently, Multi Housing News selected them as the winners of the “2010 Awards of Excellence Development Company of the Year” for their corporate green initiatives. Tower is EPA certified carbon-neutral and a member of Climate Leaders, ENERGY STAR and Green Power Partnership programs. Tower has developed 4 million square feet of office buildings, office parks, 1,400 apartments, regional malls, residential communities, lifestyle centers, and hotels within the D.C. area. Of this total, 1.3 million square feet are USGBC® LEED® certified projects, three of which are Platinum certified and another 3 million square feet are under renovation to meet LEED® certification. Tower Companies are the area’s leading regional builder of USGBC LEED projects such as 2000 Tower Oaks Boulevard (TowerOaks.com), co-developed with Lerner Enterprises, the first LEED Platinum certified and multi-tenant commercial office building and world’s largest Vedic building, Blair Towns (BlairApartments.com) is nationally recognized by the United States Green Building Council (USGBC) as America's first multi-family LEED Platinum-EBOM certified rental townhomes in the U.S. In 2009, The Tower Companies began one of the largest LEED renovations in the U.S. at The Blairs (BlairApartments.com), 1,400 apartments on a 27-acre live-work-play community in Maryland. On Earth Day 2011, they introduced TowerGreen News, a series of news shorts, to help educate building tenants about their green initiatives. Furthermore, Tower has installed a total of nine Electric Vehicle Charging stations (EVC) in six of their USGBC LEED® certified commercial and residential properties to stimulate use of Electric Vehicles as part of their effort to help reduce carbon emissions.