WASHINGTON, D.C. — Atlanta-based Columbia Property Trust Inc. has executed more than 100,000 square feet of leases this year at 80 M Street, a 285,000-square-foot office building in Washington, D.C., that the company has owned since 2004. The Class A office building is located in the Capitol Riverfront submarket and is within walking distance of the Washington Nationals’ ballpark and the Navy Yard/Ballpark Metrorail station. The leases include a 15-year deal with WeWork, a shared office space provider, for 68,673 square feet; a 24,224-square-foot renewal with Gryphon Technologies, a military engineering company; and a new 14,990-square-foot lease with General Dynamics Information Technology, a defense services provider. Columbia Property Trust is also investing $3 million in renovations at the office building that will add a new entrance, collaborative main lobby, outdoor terrace and tenant lounge. The investment will also include renovations of the building’s elevators, fitness facility and restrooms. WeWork will occupy portions of the first, second and third floors and will feature a dedicated entrance within the main lobby. The company is expected to open its offices in the third quarter of 2017.
Columbia Property Trust is investing $3 million in renovations at 80 M Street that will add a new entrance, collaborative main lobby, outdoor terrace and tenant lounge.