Project 02 / Built · 2011 WBJ Lease of the Year

500 North Capitol / McDermott Building

A $118M, 230,000 GSF Class A redevelopment in DC, anchored by the McDermott Will & Emery lease — winner, 2011 Urban Office Lease Deal of the Year.

Address
500 North Capitol Street NW, Washington, DC
Location
Washington, DC
Datum
38.896°N, 77.009°W
Floor area
230K GSF
Cost basis
$118M
Years
2009–2012
Firm
Clark Enterprises
Role
VP & Director of Development
Outcome
McDermott Will & Emery anchor lease executed; ribbon-cutting October 2012.
Award
Winner — 2011 WBJ Urban Office Lease Deal of the Year (McDermott)

A $118M Class A office redevelopment two blocks from the Capitol. The anchor lease to McDermott Will & Emery — negotiated during Bob's tenure at Clark Enterprises — won the WBJ Urban Office Lease Deal of the Year for 2011 (article April 2012). Ribbon-cutting October 2012.

References

  1. Urban office lease winner · Washington Business Journal, April 27, 2012
  2. McDermott Cuts Ribbon on New Washington, D.C. Office Building · BusinessWire, October 2012