American Bar Association is moving to Washington Square
- March 7, 2012
The American Bar Association (ABA) is moving its national headquarters to Washington Square, a 12-story building at 1050 Connecticut Ave. NW in Washington, D.C. The ABA, the largest voluntary association in the world with nearly 400,000 members, signed a long-term lease for 61,000-square feet, according to the building’s owners, Lerner Enterprises and the Tower Cos.
“We are delighted to have the American Bar Association as our newest prestigious tenant,” Mark. D. Lerner said in a company press release. The ABA plans to occupy its new space in June 2013.
Lerner and Tower developed the 708,753-square-foot Washington Square in 1982 and recently completed a $14 million dollar renovation to its common areas.
The Washington, D.C., office of Studley represented the ABA in the transaction. Lerner Enterprises and The Tower Cos. were represented by Cushman and Wakefield.
The ABA will be joining the law firms of Baker & Hostetler LLP and Gibson and Dunn & Crutcher, which recently signed lease extensions in the building. Currently located at 740 15th St., the ABA sold that building for $69.2 million last year to the John Buck Co, with a provision that it could stay in the building until August 2013.