Jerry Speyer and Rob Speyer announced on July 7 that Tishman Speyer has acquired adjoining properties in Washington D.C.’s central business district. The properties, located at 2020 and 2030 M St. NW, will be redeveloped in two phases.
“Tishman Speyer has had a major presence in the nation’s capital for many years, and that will be the case for years ahead,” Jerry Speyer and Rob Speyer said in a statement. “We continue to look for opportunities to develop world-class office properties around the globe, and we are currently active in major cities across four continents. As the portfolio grows, the firm is providing notable companies with the space they need to do business, often in multiple locations.”
The properties will accommodate a new D.C. bureau for CBS as well as a multiple-tenant office building, and both will be designed and built for LEED certification. Redevelopment of the properties is expected to begin in 2016 and be completed in 2019.
To read more visit: