Non Profit Relocates to Crystal city
Studley advises Year Up in search and negotiation
Washington, DC (February 27, 2014)
Year Up, a one-year intensive training program that provides low-income young adults with a combination of hands-on professional and technical skill development, college credits, and corporate internships, has moved its National Capital Region location to Crystal City, Virginia. Studley, the leading global commercial real estate services firm, supported Year Up in the search and lease transaction.
“As an organization dedicated to closing the Opportunity Divide, it was important that we be accessible to our students, in a space that we could make our own. We are thrilled with our decision to relocate and look forward to continuing our work from Crystal City,” said Ronda Thompson, Executive Director, Year Up National Capital Region.
Year Up’s new space at 1901 S. Bell Street is adjacent to the Crystal City metro station with a private street level entrance and building signage visible from the metro. The organization will occupy 13,689 square feet and is consolidating to one floor from two.
“Following a month long strategic planning process, looking at different submarkets and the advantages of each, the building in Crystal City turned out to be a perfect solution for Year Up. They had an opportunity to redesign the space and become a model for other locations across the country,” said Wendy Feldman Block, Corporate Managing Director, Studley.
The Studley team included Wendy Feldman Block, Corporate Managing Director; Tim Foley, Managing Director; and David Cornbrooks, Assistant Director. Vornado is the landlord.
Studley is the leading global commercial real estate services firm specializing in tenant representation. Founded in 1954, Studley pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. With over 60 offices worldwide, Studley offers expert advisory services, including brokerage, project management, corporate services and strategic portfolio solutions. Studley’s unique approach examines every client’s business to fully understand corporate objectives and optimize real estate assets. For more information, please visit www.studley.com and follow us on Twitter @StudleyInc and LinkedIn.
About Year Up Inc.
Year Up's mission is to close the Opportunity Divide by providing urban young adults with the skills, experience, and support that will empower them to reach their potential through professional careers and higher education. Year Up achieves this mission through a high support, high expectation model that combines marketable job skills, stipends, internships and college credits. Its holistic approach focuses on students' professional and personal development to place these young adults on a viable path to economic self-sufficiency. Year Up currently serves more than 1,900 students a year at sites in Atlanta, Baltimore, Boston, Chicago, Miami, New York City, Philadelphia, Providence, San Francisco Bay Area, the National Capital Region, and Puget Sound (Seattle). To learn more, visit www.yearup.org or www.youtube.com/yearupinc.