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Awards of Excellence 2019
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Hoffman & Associates
Williams & Connolly

Willams & Connolly
Award of Excellence
Best Real Estate Transaction Tenant Lease Over 25,001SF

Executive Summary

In December of 2018, Williams & Connolly, one of the nation’s premier law firms, signed a 15-year lease to move their office to parcels 6 and 7 within The Wharf’s highly anticipated second phase. Williams & Connolly is the first tenant to sign a lease in Phase 2 of The Wharf, a $2.5 billion-mile-long waterfront neighborhood in Southwest Washington, D.C. As the anchor tenant in the office towers designed by Manhattan-based ShoP Architects, Williams & Connolly will occupy nearly 300,000 square feet of the two commercial towers, which conjoined total 500,000 square feet.

Williams & Connolly’s DC office currently includes more than 600 attorneys and professional staff. Unique among major law firms, Williams & Connolly maintains a national and international practice from a single office in Washington, D.C. The decision to move to a new office was of great significance for the law firm, which has been residing at its current 12th Street Northwest location near Metro Center since 1992. In keeping with the firm’s prestigious and internationally renowned reputation, moving to a world-class destination like The Wharf while a clear choice was not as straightforward as it may sound. Choosing to leave their long-time office in a traditional location for a firm of that magnitude a major decision and a deal of this size and substance required a tremendous degree of creativity, coordination, and negotiation.

The deal itself was one that took the work of developers, landlords, brokers and tenants alike. The Hoffman-Madison team agreed to make several changes including tweaking the plans for the two connected buildings, designed by Shop Architects; squaring off what were planned to be rounded corners; and eliminating winter gardens on every other floor to maximize efficiency for Williams & Connolly. Williams & Connolly was also able to choose the address for its new building as well as naming rights on both the buildings it will occupy, and the circular drive between the towers. After negotiations and an extensive examination of cost-benefit factors of all parties involved, it was clear that the decision to bring Williams and Connolly to The Wharf was the right one.

The lease deal with Williams & Connolly and Hoffman-Madison Waterfront is the first major office announcement coming out of Phase 2 of The Wharf. A deal of this magnitude further speaks to the success of The Wharf and its ability to attract best-in-class businesses, as well as the commitment of Hoffman-Madison Waterfront to make Southwest an international destination for not only the leading businesses in the world, but for the community who live, work and play there every day.

THANK YOU TO OUR AWARDS SPONSORS
CLARK COAKLEY WILLIAMS CONSTRUCTION COSTAR GROUP FORRESTER JBG SMITH TRAMMELL CROW


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