NEW TO MARKET: Blackboard’s Space Available for Sublease at 1111 19th Street

April 5, 2018

Jon Glass

Tech Leader

Corporate Managing Director, Savills Studley

DC/MD/VA Licensed Real Estate Salesperson

Call 202-540-5509

Up to 58,000 SF of Newly Built-Out Space Available for Long-Term Sublease

 

Local educational technology giant, Blackboard has just listed its entire space on the market for sublease this morning.

Having already sublet 12,000 SF of its 70,000 SF space, the company is looking to offload its remaining 58,000 SF on the 8th, 9th and 10th floors.

Blackboard moved into 1111 19th Street in 2015, shortly after then-owner Clarion completed its multimillion dollar renovation that included upgrades to the building’s façade, lobby, and common areas. The building was sold last year to Tokyo-based real estate investment firm, Unizo.

The available space comprises the entire 9th & 10th floors, which are roughly 23,500 SF each, and the northern half of the 8th floor, which is approximately 11,500 SF. All three floors are connected by an internal stairwell that is located off the main reception area on the 10th floor.

As to be expected, Blackboard’s space is ideal for tech companies looking for mostly open, collaborative space. In total, there are 237 workstations, 17 windowed offices and 33 interior offices, along with a thoughtful mix of breakout areas and meeting rooms peppered throughout the space. All of the lightly-used furniture can convey.

The remaining term runs through October 31, 2028. Amenities in the building include a fitness center and the brand new 9,200 SF WaWa on the retail level. Blackboard is represented by Mark Richardson and Theo Slagle of Cushman & Wakefield.

 

Photo courtesy of Cushman & Wakefield via CoStar

Photo courtesy of Cushman & Wakefield via CoStar

Photo courtesy of Cushman & Wakefield via CoStar

10th Floor

Photo courtesy of Cushman & Wakefield via CoStar

9th Floor

Photo courtesy of Cushman & Wakefield via CoStar

8th Floor

Photo courtesy of Cushman & Wakefield via CoStar

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