Transwestern Negotiates 16,112 SF Office Lease at Historic Downtown Redevelopment
January 15, 2025
WASHINGTON – Transwestern Real Estate Services (TRS) announces Share Our Strength has signed a 16,112-square-foot lease at 1401 Massachusetts Avenue NW (1401 Mass), a new 52,000-square-foot trophy office building on Washington’s Thomas Circle. The Transwestern Tenant Advisory + Workplace Solutions team of Michael Goldman and Brian Pashkoff represented Share Our Strength, while the Transwestern Agency Leasing team of Scott Fetterolf and Tom Hilley represented the property owner, Akelius, in the transaction.
“Like many tenants, Share Our Strength operates completely different than they did 10 years ago, calling for a recalibrated workplace strategy and real estate business plan,” said Goldman, an Executive Vice President at Transwestern. “Relocating to 1401 Mass enables the organization to build a first-class, innovative space that matches the caliber of its phenomenal mission while optimizing functionality, productivity, and future growth objectives.”
Completed by Akelius in 2024, 1401 Mass is the 5-story restoration and conversion of a 1950s former annex behind National City Christian Church. The strategic redevelopment preserved the building’s historic exterior and added two floors to incorporate collaboration-focused amenities, comprising rooftop terraces, multiple meeting spaces, and a 3,190-square-foot premium fitness center. Additional design enhancements include 6-foot operable windows, 100% filtered outdoor air, and 12-foot ceiling heights. The property is on track to receive LEED Platinum and WELL Silver certifications.
Ideally positioned at the intersection of 14th Street and Massachusetts Avenue, 1401 Mass is located a few blocks from multiple transit stops and near DC’s most dynamic neighborhood, featuring some of the area’s most popular restaurants and shops.
“1401 Mass offers the kind of placemaking experience today’s tenants expect: exceptional accessibility, intentional design and thoughtful amenities,” said Fetterolf, a Senior Vice President at Transwestern. “We are pleased to partner with ownership to accelerate leasing momentum with a recognized, national anchor tenant.”
An image of the property is available for download here.
About Transwestern Real Estate Services
Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners, and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions.
Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.
Media Contact:
Jaime Luckey
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jaime@luckeycomms.com
twmediarelations@transwestern.com
