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SunTrust Bank renews 44,261 square-foot lease at historic location in Washington D.C
SunTrust Bank renews 44,261 square-foot lease at historic location in Washington D.C
Paula C. Squires //February 1, 2016//
SunTrust Bank has renewed a 44,261-square-foot lease rat its longtime 1445 New York Avenue bank location in Northwest Washington, D.C.
Managing Director Matt Sullivan and Senior Vice President Jenna Polivka of Cushman & Wakefield represented SunTrust Bank in the transaction. “After reviewing multiple alternatives in the market, SunTrust was able to achieve the right size at 1445 New York Avenue and has plans to renovate the retail branch with a modern design that includes conference and meeting room features,” Sullivan said in a statement.
The 125-year-old, 158,000-square-foot building is situated directly across the street from the U.S. Treasury and White House, with access to the Metro. Amenities include a brand new lobby, fitness center and restrooms.
“For over 100 years, SunTrust has been the proud occupant of this historic corner, in a building that stands as a tribute to generations of our teammates, clients and members of the Greater Washington community,” Dan O’Neill, president of SunTrust’s Greater Washington/Maryland Division, said in a statement.
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