Environmental Working Group Takes Space in Newly Renovated DC Office Building
Environmental Working Group, a nonprofit that advocates for corporate accountability in sustainability, has signed a 12-year lease to occupy 15,331 square feet at 1250 Eye Street NW, a recently renovated, 177,906-square-foot office building in Washington, D.C.
Cushman & Wakefield represented the landlord, DSC Partners, in the deal. The rent was not disclosed.
“Winning a premier tenant like EWG was a tremendous win for 1250 Eye Street,” Mark Wooters, a managing director at Cushman & Wakefield, told Commercial Observer. “Larger tenants are highly sought after in today’s market. EWG expands the tenant roster and shows the market that ownership made smart decisions in the recent building renovations.”
Located two blocks from the 2 million-square-foot, mixed-use CityCenterDC, 1250 Eye Street fronts Franklin Park, currently undergoing a $14 million renovation. The property is also near the McPherson Square Metro Station.
The building features a new conference facility and tenant lounge, and a new on-site fitness center will be opening this summer.
DSC Partners has owned the building since April 2018. There is currently 36,085 square feet remaining to lease.
Environmental Working Group will be moving into its new space, which is in shell condition, on Jan. 1, 2022.
The Cushman & Wakefield team also included Michael Katcher and Brittany Gosnell. CBRE (CBRE)’s Ezra Weinblatt, James Dennin and Elizabeth Birch represented the tenant in the deal.