Tower Companies Signs Deals with Ballard Spahr & Ogletree Deakins Totaling 57,702 SF @1909 K

ROCKVILLE, Md., Feb. 24, 2011 /PRNewswire/ -- The Tower Companies announced today that Ballard Spahr LLP, a national firm with more than 475 attorneys in 13 offices throughout the United States, has signed a ten (10) year, 6 months, 38,468 square foot lease, effectively taking over the top two floors at 1909 K Street, The Millennium Building, a USGBC LEED certified and ENERGY STAR® rated commercial office building.  SKB Architecture and Design is providing architectural services for the firm.

Ogletree Deakins, one of the nation's largest labor and employment law firms with more than 500 attorneys in 40 offices nationwide, has signed a ten (10) year, 5 months, 19,234 square foot lease there.  These 57,702 square foot deals bring the building to 95% total occupancy.

Art Santry of Cassidy Turley and Scott Leachman of Montview Realty Advisors represented Ballard Spahr and Kay Davis and Brett Diamond of Grubb & Ellis represented Ogletree Deakins.

Randy Harrell, Kevin Howard and Scott Frankel of CB Richard Ellis represented the owners on both deals.

About Ballard Spahr LLP

Ballard Spahr, a national firm with more than 475 lawyers in 13 offices in the United States, provides a range of services in litigation, business and finance, real estate, intellectual property, and public finance. Our clients include Fortune 500 companies, financial institutions, life sciences and technology companies, health systems, investors and developers, government agencies and sponsored enterprises, educational institutions, and nonprofit organizations. The firm combines a national scope of practice with strong regional market knowledge. For more information, please visit www.ballardspahr.com.

About Ogletree Deakins

Ogletree Deakins is the nation's third-largest labor and employment law firm, representing management in all types of employment-related legal matters. The firm has more than 500 lawyers located in 40 offices across the United States. In addition to handling labor and employment law matters, the firm has thriving practices focused on business immigration, construction, employee benefits, environmental, and workplace safety and health law. Ogletree Deakins represents a diverse range of clients, including more than half of the Fortune 50 corporations in the United States. www.ogletreedeakins.com

About 1909 K Street/The Millennium

1909 K is a 236,000 SF, ENERGY STAR® rated, high-performance LEED office building, located on the premier corner of DC's Golden Triangle Business District and within walking distance of the White House.  The building's sophisticated interior features an elegant pear-wood paneled lobby, full service on-site concierge, gleaming marbled floors, original sculpture garden and arboretum, original art, beautiful music, individual meters on every floor, and a rooftop deck and garden, with breathtaking 360-degree views of the city.  

Serving as an icon for green corporate values, 1909 K uses 100% wind power, is 16% more energy efficient than comparable class A's and uses 23% less water. With a 360-degree perimeter of low-e glass, thermal comfort is assured with a minimum of heat gain and loss. Green cleaning practices are used throughout the building.

The building has access to public transportation, and offers bicycle storage and changing rooms.  Other amenities include a state-of-the-art ROI Fitness and Wellness Center and 100% underground parking.  Teatro Goldoni, an authentic Venetian-inspired restaurant named one of Washington Magazine's "100 Very Best Restaurants" is conveniently located on the lobby level.  

About The Tower Companies

The Tower Company is a closely held, award-winning real estate Development Company founded in 1947, headquartered in Rockville, MD and recently named "2010 Awards of Excellence Development Company of the Year," by Multi Housing News for their corporate green initiatives and outreach.  Tower is EPA certified carbon-neutral and a member of Climate Leaders, ENERGY STAR and Green Power Partnership programs.  Tower has developed 4.5 million square feet of office buildings, office parks, 1,400 apartments, regional malls, residential communities, lifestyle centers, and hotels within the DC area. Of this total, one million square feet are sustainable buildings and another 2.5 million square feet are in the planning stages.

Contact:  Elizabeth Oliver-Farrow

202.494.1977



SOURCE The Tower Companies



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