International commercial real estate services firm Studley announced today that Bailey Law Group, a full-service law firm with a national network, has signed a 10-year 23,146-square-foot lease expansion that will more than triple the size of its DC headquarters at 1615 L Street, NW in Washington, DC.
The law firm decided to lease additional space this year, bringing its total square footage to 32,424, after growing significantly since its move to 1615 L Street, NW in 2005. Bailey Law Group’s office is in the heart of Washington’s Central Business District and is just two blocks from the Farragut North Metro station.
“Our decision to expand reflects our commitment to meeting the needs of our clients as our practice continues to grow within the DC area and nationally,” said Bailey Law Group Principal Kathy Bailey. “Studley helped to secure and negotiate space adjacent to our existing office location, which we found to be a perfect fit for us.”
The expansion space is conveniently located on the south side of the top floor of the building, the same floor on which the firm is currently located. With the expansion space, Bailey Law Group now occupies more than 85 percent of the 13th floor, which boasts tremendous views of the Washington, DC skyline.
Demetri Koutrouvelis, Laurent Myers, Adam Singer and Ryan Nunes of Studley represented Bailey Law Group in the lease transaction. Richard Tonner and Kimball Wood of Cassidy and Pinkard represented the building’s landlord Broadway Partners.
Founded by Kathy Bailey in 1998, Bailey Law Group is a law firm with practice specialties in environmental law, litigation, business and nonprofit law, real estate law, government and regulatory affairs and alcoholic beverage licensing. In addition to its Washington, DC location, Bailey Law Group has offices in Orange County, California and Boulder County, Colorado.
The law firm is in the process of building out its expansion space in Washington, DC and expects to occupy it by May 2009. |
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