WASHINGTON D.C.-- Cresa Washington DC, a corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated services,announces today that it has negotiated on behalf of Kaiser Associates Inc. in the expansion and relocation of its Washington, D.C. headquarters.
In this new long-term deal, Cresa Washington DC Principal Jon Olmsteadand Managing Principal Steve Schaumberg represented Kaiser Associates, which next year will move from its current 12,500-square-foot office at 1201 Connecticut Ave. NW into 15,000 square feet at 1615 L St. NW, a 414,195-square-foot property owned by New York-based Spitzer Engineering LLC.
“We’re extremely pleased to have assisted Kaiser Associates in the execution of a new lease for its Washington, D.C. headquarters,” Olmsteadsays. “After Spitzer Engineeringpurchased the building in 2009, 1615 L St. NW went through a renovation in 2010, which included updating the façade and common areas, replacing the mechanical systems, and adding a rooftop deck. Kaiser Associates’ new space, which is on the top floor and has tremendous views, provides it with room to accommodate additional staff members as the company continues to grow.”
Founded in 1981, Kaiser Associates is an international strategy-consulting firm that serves as a key advisor to the world’s leading companies as well as the federal government.
Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Portfolio/Lease Administration, Capital Markets, Sustainability, Industrial/Supply Chain and Facilities Management. With more than 55 offices, Cresa is North America’s largest tenant representation firm. Through its partnership with Savills, one of the world’s largest commercial real estate services firms, Cresa covers more than 255 locations in 40 countries. Cresa Washington DC exclusively serves tenants through its offices in Bethesda, the District of Columbia and McLean. For more information, visit www.cresa.com.