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The lease award went to landlord Communications Workers of America for $178M, the General Services Administration revealed in an award notice on the federal government’s procurement website Thursday.
The agency is consolidating several CSOSA offices into a new 198K SF headquarters at 501 Third St. NW, a source familiar with the deal told Bisnow. The deal, which includes the Pretrial Services Agency, is for a 20-year term, but it allows the government to terminate after 15 years, the source said.
Savills Executive Managing Director Todd Valentine, Vice Chairman Emmett Miller and Managing Director Bryant Porter represented the GSA.
The GSA and CWA didn’t respond to requests for comment.
