The New York law firm Pillsbury Winthrop Shaw Pittman LLP is slated to move its Washington offices January 2015. On Thursday, Akridge, a local real estate developer, announced it had reached a lease agreement with the firm for its newest building being developed at 1200 17th St. NW.
The move will cut Pillsbury’s current office space at 2300 N St. NW by almost half, as it intends to occupy 105,000 of 168,000 square feet on Akridge’s new development.
"The building's central location, highly efficient design, sustainability and aesthetics make this a very attractive choice for our firm and for our clients," Christine Nicolaides Kearns, managing partner in the DC office, said in a statement.
The move comes weeks after
Reuters reported merger talks between Pillsbury and Washington-based law firm Dickstein Shapiro had ended due to “conflicts of strategy."
Construction at the new building started recently and is scheduled to be completed by the end of 2014. The site and recently demolished building, which housed the National Restaurant Association, was acquired for $39.6 million in early 2011. Mitsui Fudosan America later bought a majority stake in the project in August 2012.
ZGF Architects, the design team, is pursuing, along with Balfour Beatty Construction, the construction company, LEED Platinum Certification in the new 11-story office building. The new structure will have glass on all four sides, a green roof, a fitness center and ground-level retail.