Washington, D.C., January 7, 2013 -- Arnold & Porter LLP announced today that it has executed a 20-year lease with Boston Properties for a new, mixed use development at 601 Massachusetts Avenue in Washington, D.C.'s Penn Quarter neighborhood. Under the terms of the lease, the Firm expects to move to the new location in October, 2015.
Arnold & Porter will occupy approximately 375,000 square feet of space in the 11 story building to be constructed on a site acquired by Boston Properties in 2008 from National Public Radio. The anticipated LEED Gold Rated project will include first class office and retail space and will be located at the intersection of Massachusetts Avenue, New York Avenue, and K Street.
Richard M. Alexander, Managing Partner of Arnold & Porter said, "We look forward to continuing our long relationship with Boston Properties. We are excited about the design of the building which will enable us to operate efficiently while providing a vibrant and innovative working environment for our clients, attorneys, and staff."
Jon Kaylor, Senior Vice President of Boston Properties commented, "We are honored that Arnold & Porter selected 601 Massachusetts Avenue as its new home in Washington, D.C. We are confident that the building will take its rightful place as one of the most visible and important new projects in the City. CBRE Vice Chairman Patrick W. Marr said, "We were pleased to have assisted Arnold & Porter in the identification and selection of its new office space. This relocation provides Arnold & Porter with an office that will provide the flexibility it needs to meet the continuing changes in the legal marketplace." The transaction is among the largest leases signed in Washington, D.C. in 2012.
Jennifer Perkins, a partner in the Firm's Real Estate practice group, advised Arnold & Porter in the lease negotiations. In addition to Mr. Marr, Sally Wilson and Timothy Dempsey of CBRE represented Arnold & Porter. A team from HOK led by Catherine Haley will provide interior design oversight for the project. Jon Kaylor and Anne Dumont of Boston Properties represented the Landlord/Developer.
Arnold & Porter LLP is an international law firm of more than 800 lawyers with offices in Brussels, Denver, London, Los Angeles, New York, Northern Virginia, San Francisco, Silicon Valley, and Washington, D. C. The firm, founded in 1946, maintains more than 26 practice areas spanning a broad spectrum of the law, with a primary focus on litigation, transactional matters, and regulatory issues.