...Landlords can't match every piece of efficiency a tenant will get from moving, said CBRE broker Randy Harrell, who represented the building owners on the White & Case and Morgan, Lewis deals. They can come close, he added, by letting their tenants reshuffle or even give back space, throwing in concessions to help them rearrange their current space more efficiently and agreeing to proactively upgrade the building's systems to avoid problems down the road.
O'Melveny was represented by JLL broker Greg McCavera and Cushman & Wakefield broker Jeff Welch. CBRe brokers Scott Frankel, Joe Coleman, Mark Klug and DJ Callahan represented 1625 Eye, which is owned by Edge Funds and Brookfield. Savills Studley brokers Rick Rome and Alexandria deVilliers represented Hogan Lovells while Columbia Square's ownership, which includes Hines, represented itself in the renewal.Are we done for now with the days of big D.C. law firms triggering new construction?
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