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Skanska Signs First Office Tenant at 99M in DC

| Commercial Real Estate News, Deals, Leasing, Office| Views: 336

99M aerial view (rendering, 99mstreetse.com)

Multinational construction company Skanska announced that the first tenant has signed on at 99M, its Capitol Waterfront office development in Washington D.C.

Local non-profit PYXERA Global will lease roughly 17,000 square feet on the fourth floor of the Class A, 230,835-square-foot building that is still under construction at 99 M Street SE.

The 11-story office building is designed to meet LEED Gold standards and integrates innovative techniques for limiting its impact on the natural environment, such as the use of building materials and systems that reduce heat absorption, reduced water and energy usage, and an extensive green roof which allows for filtration and storage of storm water. On-site amenities include a tenant-only, state-of-the-art fitness facility, secure bicycle storage and four levels of underground parking.

99M rooftop terrace (rendering, 99mstreetse.com)

The property is set to include roughly 11,000 square feet of retail and restaurant space on the ground floor, for which two tenants have already been announced – CIRCA and Open Road restaurants of Metropolitan Hospitality Group (MHG).

PYXERA Global CEO Deirdre White stated: “Working in a space where we navigate complex, cross-sector partnerships on a daily basis to advance solutions to global challenges, our organization has learned that we perform best in a dynamic and creative environment. The Capitol Riverfront is a thriving neighborhood with transportation connectivity and abundant amenities which we believe will enable our best work. In addition, we value working in an office building that reflects a commitment to environmental awareness and sustainability. Skanska has a reputation for eco-friendly building and operations that are considerate of the environment, and 99M is an office space that is both functional and inviting.”

PYXERA plans to move into the building in June 2018.

99M rooftop terrace (rendering, 99mstreetse.com)

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