Capitol Crossing Lands New Office Lease With Association
The American Medical Association is moving its downtown D.C. office about one-third of a mile up Massachusetts Avenue to the Capitol Crossing development.
The association inked a lease for 37K SF on the ninth floor of the development's 200 Massachusetts Ave. NW building, JLL told Bisnow. The brokerage represented the landlord, Capitol Crossing Advisors, a subsidiary of W.R. Berkley Corp.
AMA is relocating from 25 Massachusetts Ave. NW, a building owned by Norges Bank that was constructed in 2006. The Chicago-based association expects to complete the move of its D.C. office late next year.
JLL’s Nathan Beach, Evan Behr, Kristen Mathis and Anslee Krouch represented the landlord, and Cushman & Wakefield’s Ned Goodwin and Art Santry represented AMA.
“Capitol Crossing has quickly become the go-to office destination for companies that want to be at the center of the East End business district while staying connected to Capitol Hill,” Beach, a managing director at JLL, said in a statement.
Capitol Crossing is planned for 2.2M SF at full build-out, including multifamily and hotel components, but today it is made up of just two office buildings: 200 and 250 Massachusetts Ave. NW. They total 965K SF and were completed in 2018.
Although the buildings have been slow to lease up, they have achieved some activity this year.
This summer, government relations firm Lewis-Burke Associates inked a 21K SF lease at 250 Mass, with plans to move in the summer of 2026. Meanwhile, lobbying firm Strategic Marketing Innovations increased its footprint at 200 Mass Ave. NW by 10K SF to a total of 23K SF.
With the American Medical Association’s lease, 200 Mass Ave. is 98% occupied, according to JLL.
As of April, the 250 Mass building was 22% occupied, according to a filing with the D.C. Zoning Commission.
The ownership has asked the commission to extend its approval for future phases as it puts them on hold, including its next 714K SF office building on the southern portion of the development site. It told the Zoning Commission in April that there was “no demand for new office or retail.”
To help capture demand from smaller tenants at 250 Mass, JLL said the owner is building out a full floor of spec suites ranging from 2,800 SF to 6K SF.
Capitol Crossing's first two buildings were built by Property Group Partners, but it departed the team in 2022, and the development has since been led by W.R. Berkley Corp.
“Our capital structure gives us the flexibility to make decisions quickly and keep investing in improvements that benefit our tenants and the neighborhood,” Capitol Crossing Advisors President George Cantrell said in the release. “It's a competitive advantage that companies appreciate when they're evaluating their options.”
