Akridge Update 04/19/23

Pillsbury Commits to Another 10 years at 1200 Seventeenth Street

RENEWED LEASE IS A REFLECTION OF THE BUILDING’S STRIKING DESIGN, PRIME LOCATION, AND UNPARALLELED CLIENT SERVICE

Pillsbury has renewed their lease for approximately 90,000 square feet at 1200 Seventeenth Street. The law firm first moved into the building, developed by Akridge and its investment partner Mitsui Fudosan America (MFA), upon its delivery in 2014. The 169,000-square-foot building is ideally located in DC’s Golden Triangle at the intersection of Seventeenth and M Streets. It is within a short walk of Dupont Circle, Farragut North, and Farragut West Metro stations, providing easy access to the Red, Blue, Orange, and Silver lines. Walk Score ranks the building as a Walker’s Paradise, a Rider’s Paradise, and Very Bikeable.

1200 Seventeenth Street offers Clients floor-to-ceiling glass, expansive ceiling heights, and broad column spacing. It boasts an array of modern amenities, including an extensive rooftop terrace, which Washington Business Journal named one of DC’s top rooftops when the building delivered, as well as a fitness center and a light-filled lobby.

1200 Seventeenth Street has won a myriad of awards, including Urban Land Institute’s (ULI) Excellence in Office Development award, the National Association of Industrial and Office Properties’ (NAIOP) Best Urban Office over 150,000 Square Feet, NAIOP’s Best Sustainable Project, American Institute of Architect’s (AIA) Detail Award in Architecture, and Engineering News-Record’s (ENR) Best Office/Retail/Mixed-Use Project. The building is LEED Platinum certified and an EPA Energy Star labeled property.

“Pillsbury’s renewal is a testament to the enduring quality of 1200 Seventeenth Street,” said Matt Klein president and CEO of Akridge. “It offers a beautiful design, efficient floorplates, and a great location. Further, MFA remains committed to continuing to improve the building to meet the current demands of Clients. We appreciate our longterm relationship with Pillsbury and are excited about their decision to remain at 1200 Seventeenth for many years to come.”

Savills’ Thomas Fulcher, Adam Brecher, and Steve Barker represented Pillsbury in the lease renewal. Akridge’s Ben Meisel, Wil Pace, and McKay Elliott represented the building. 

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