Key facts
- Colliers is relocating to a larger office in downtown D.C.
- The new office is located at 1919 Pennsylvania Ave. NW.
- The property owner is Tishman Speyer.
- Colliers has signed a 12-year lease for the new space.
- The office size is 18,000 square feet.
- The move signifies a commitment to the central business district.
- The new office will include space for engineering, design, and valuation services.
Brokerage firm Colliers is set to expand its operations in downtown Washington, D.C., by relocating to a significantly larger office space. The firm has signed a 12-year lease for an 18,000-square-foot location at 1919 Pennsylvania Ave. NW, a property owned by Tishman Speyer. This expansion represents a strong commitment to the city's central business district. The new office will house Colliers' engineering, design, and valuation services, indicating a growth in these specialized areas. The lease duration of 12 years highlights the firm's long-term strategic outlook for its D.C. presence. The move to a larger space suggests an anticipated increase in staff or client services within the capital.