Savills Studley Represents Results for Development Institute During Headquarters Relocation
Leading tenant representation services firm’s team assists Non-Profits throughout the DC Region
Washington, DC (September 1, 2015)  

Today, Results for Development Institute (R4D), a non-profit organization whose mission is to unlock solutions to tough development challenges that prevent people in low and middle-income countries from realizing their full potential, moves to 1111 19th Street, NW. Savills Studley, the leading global commercial real estate firm specializing in tenant representation, worked with R4D, a long-time client, in their search and relocation into new offices.

R4D will occupy approximately 24,000 square feet of space specifically designed to meet the organization’s future growth needs. The group’s new lease was negotiated earlier this year in response to the future redevelopment of their previous building at 1100 15th Street, NW.

“We had a fixed deadline for the relocation, but a top priority for us was to stay within the area. It was also important that the location accommodate our plan to grow our numbers over time,” said Shirlene Archer, Chief Administrative Officer, Results for Development Institute. “The 19th Street corridor offers an outstanding amenity base that is close to our partners and doesn’t alter our employees’ commutes. Our new space will also feature additional conference facilities and a more open, collaborative work environment than before.”

Ben Plaisted, an Executive Managing Director at Savills Studley’s DC office, represented R4D, along with his colleagues Greg Scheipers, John Gasque and Mordecai Scott. In recent years Plaisted’s team has steadily built a reputation for having a distinct expertise within the international non-profit community. Their work with many international relief and development organizations has included notable groups such as PACT, Globalgiving, and Development Gateway. In the past 8 months the team has represented: the Center for Democracy and Technology (1634 I Street, NW, 9,800 square feet), Relief International (1101 14th Street, NW, 6,700 square feet), Guidestar (1250 H Street, NW, 5,000 square feet), and CNFA (1828 L Street, NW, 18,300 square feet).

“We have enjoyed serving the international relief and development community of non-profits that are headquartered in the greater Washington, DC metropolitan area,” said Plaisted. “Advocating for these groups has been truly rewarding. Understanding that every dollar they save on real estate costs helps further their mission, and improve the lives of others throughout the world, which gives our work a more significant meaning.”

About Savills Studley

Savills Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, the firm pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, supported by high quality market research and in-depth analysis, Savills Studley provides strategic real estate solutions to organizations across all industries. The firm’s comprehensive commercial real estate platform includes brokerage, project management, capital markets, consulting and corporate services. With 29 offices in the U.S. and Canada, and a heritage of innovation, Savills Studley is well known for tenacious client advocacy and exceptional service.

The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 30,000 professionals and over 700 locations around the world. Savills plc is listed on the London Stock Exchange (SVS.L).

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