Law Firm Cassidy Levy Kent Inks Deal at DC’s 2112 Penn
By Keith Loria June 1, 2023 11:55 am
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International law firm Cassidy Levy Kent has inked a 12-year, 11,449-square-foot lease at 2112 Pennsylvania Avenue, an 11-story office building in Washington, D.C.
The 230,000-square-foot building is owned by Skanska, which developed the property in 2018.
“2112 Pennsylvania is perfectly situated in a thriving part of Washington’s business district, and the lawyers and economists of Cassidy Levy Kent look forward to welcoming current and future clients to our offices in this world-class building,” Bob Cassidy, a partner at the firm, said in a statement. The firm will be relocating from the fourth floor of 900 19th Street NW.
The property, which was designed by Gensler, is in the heart of Foggy Bottom, and features a distinctive sculptural façade, a fitness center and a rooftop terrace. Certified LEED Gold, WiredScore Gold and Fitwel certified, the building ranks as the first commercial office building in the District to receive the WELL Health-Safety Rating, per Skanska.
The ground floor of 2112 Penn has retail that includes restaurants Flower Child and North Italia.
With the lease, the building is now 90 percent occupied with a tenant roster that also includes Skanska’s D.C. office, NERA Economic Consulting, the Restaurant Association of Metropolitan Washington, and law firms Cleary Gottlieb Steen & Hamilton and Berry Appleman & Leiden.
CBRE (CBRE) represented Cassidy Levy Kent in the lease, while Cushman & Wakefield (CWK) and CBRE represented Skanska. No sides of the deal would disclose the rent for the 2112 Penn space, but asking rents in that area of D.C. average $80.74 a square foot, according to CBRE’s latest office report.
Update: This story originally misattributed source material. This has been corrected. We apologize for the error.
Keith Loria can be reached at Kloria@commercialobserver.com.
