WASHINGTON, DC – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced it represented CQ-Roll Call, Inc., in the lease of 71,500 square feet of Class A office space at 77 K St. N.E. on Capitol Hill.
The transaction was the NoMa neighborhood’s largest to date in 2010 involving a private sector tenant.
Elyse Wolford, vice president, Office Group, facilitated the lease on behalf of CQ-Roll Call, while Zeke Dodson of Cassidy Turley represented the landlord, Brookfield Properties Management.
The lease follows Roll Call’s acquisition of Congressional Quarterly in 2009 and represents the consolidation of the two companies’ operations into a single facility.
“There were a number of factors that converged to find CQ-Roll Call a new home that is locationally desirable, economically viable and deliverable within our timeframe,” said Wolford.
“As a 24/7 operation, the company has very specific technological requirements, and a new building was an obvious choice to meet their needs.
"Also, when action on the Hill is high, the employees work long hours and will benefit from the numerous Class A amenities and a vibrant surrounding environment.
"Finally, the landlord was able to accommodate an early partial relocation for some departments prior to CQ-Roll Call’s official move-in on April 1, 2011, ultimately providing significant additional value for the company.”
The building also features large floor plates, excellent access to public transportation and a fitness center, adding to the quality of life and accessibility for CQ Roll Call employees, said Wolford.
About CQ-Roll Call
CQ-Roll Call is a legislative media company that provides essential intelligence and grassroots advocacy resources to take action.
As the premier source of timely news, objective facts and analysis, and coverage of elections and the politics of legislation, we keep our fingers on the pulse of the legislative process and give our clients the tools they need to maximize their influence.
We are the ultimate insider, and our unmatched network of relationships and expertise has powered the productivity of those who rely on us since 1945. Visit us at cqrollcall.com.
Contact: Erin Mays
Phone: 312.698.6735
Email: erin.mays@grubb-ellis.com
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