WeWork to Take Up 111K SF at Capitol Crossing in DC
WeWork will take up 111,000 square feet across three floors at 200 Massachusetts Avenue NW in Washington, D.C., according to a press release from JLL, which represented the workspace provider and landlord Property Group Partners (PGP) in the deal.
The 12-story, 400,000-square-foot property is the first of five buildings to open at Capitol Crossing—PGP’s 2.2 million-square-foot development being built atop Interstate 395 along Massachusetts Avenue NW. At full build out, the development will create three new city blocks connecting the Capitol Hill and East End neighborhoods.
WeWork is expected to open at 200 Massachusetts Avenue NW by the end of 2019, per the release. Terms of the deal were not disclosed.
In a prepared statement, Lex Miller, a general manager at WeWork, called the building a “prime location” for the company’s growing D.C. portfolio, which includes a total of 16 existing and forthcoming outposts.
“As our second largest building and with such close proximity to Capitol Hill, we have a strong vision for how we will continue to build our unique amenities and product offerings that are attracting members in government affairs, trade associations, and lobbying to WeWork,” Miller said.
The American Petroleum Institute occupies 78,000 square feet across two floors in the building, as Commercial Observer previously reported.
“The addition of WeWork to Capitol Crossing is a testament to the exceptional environment we are creating here,” David Happ, a senior vice president at PGP, said in the release.
JLL’s Evan Behr, Doug Mueller and Nathan Beach represented PGP in the deal.
“WeWork sees a lot of real estate all over the country, and their commitment shows that they share our enthusiasm for Capitol Crossing as one of the most dynamic work environments in the city.”
WeWork was represented by JLL’s Zach Boroson, Andy O’Brien and Greg Lubar.
“The investments that PGP have made here will allow WeWork to extend their robust amenity offerings beyond their three floors and give their members a place to attract top talent from adjoined neighborhoods to grow and thrive at 200 Massachusetts Avenue.”