{"id":39209,"date":"2024-07-12T07:48:42","date_gmt":"2024-07-12T04:48:42","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=39209"},"modified":"2025-03-25T16:08:16","modified_gmt":"2025-03-25T13:08:16","slug":"sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/","title":{"rendered":"Sterling Bay Signs Leases with U.S. Travel Association & CEPI in Renovated D.C. Office"},"content":{"rendered":"

A joint venture comprised of Chicago-based Sterling Bay \u2014 along with MRP Realty and Declaration Partners \u2014 inked two new leases with the\u00a0U.S. Travel Association\u00a0and the\u00a0Coalition for Epidemic Preparedness Innovations\u00a0(CEPI) for a total of 25,745 square feet at its Washington, D.C. offices at\u00a01899 Pennsylvania Ave.<\/p>\n

The U.S. Travel Association is set to occupy 19,170 square feet on the top floor, while CEPI will take 6,575 square feet on the fifth floor of the building.\u00a0Both deals are said to be long-term, and the two companies are scheduled to move in by 2025.<\/p>\n

JLL brokered the leases for the landlord, while CBRE\u2019s Tyler Bensten and Scott Hoffman represented the tenants.<\/p>\n

Sterling Bay and its partners acquired 1899 Pennsylvania Ave. from the Paramount Group for $103 million in 2021 at a $12 million discount attributed to the COVID-19 pandemic.<\/p>\n

The 192,000-square-foot building is currently undergoing renovations<\/a>, including a modernized lobby, shared conference rooms and a new fitness center. The improvements are expected to be finalized by the end of 2024 with the owners hoping to achieve a LEED Gold Certification for sustainability.<\/p>\n

\u201cThe building\u2019s renovation is creating a new, functional space that is ideal for performing our work and meeting our future needs,\u201d\u00a0said DeLisa Selwitz, U.S. Travel Association executive vice president of operations.<\/p>\n

The property is situated in the heart of Washington, D.C.’s central business district, which is just a few blocks northwest of the\u00a0White House. It features convenient access to four Metrorail lines, premium restaurants and the high-end retail collection at 2000 Pennsylvania Ave.<\/p>\n

Are you looking for office space for rent? Select any market from the list of locations linked below or visit the\u00a0<\/em>CommercialCafe.com<\/em><\/a>\u00a0home page to start your search!<\/em><\/p>\n\n\n\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
Office space in Manhattan<\/a><\/td>Office space in Los Angeles<\/a><\/td>\n<\/tr>\n
Office space in Houston<\/a><\/td>Office space in Chicago<\/a><\/td>\n<\/tr>\n
Office space in Dallas<\/a><\/td>Office space in San Francisco<\/a><\/td>\n<\/tr>\n
Office space in Austin<\/a><\/td>Office space in Seattle<\/a><\/td>\n<\/tr>\n
Office space in Charlotte<\/a><\/td>Office space in Las Vegas<\/a><\/td>\n<\/tr>\n
Office space in Boston<\/a><\/td>Office space in Denver<\/a><\/td>\n<\/tr>\n
Office space in Atlanta<\/a><\/td>Office space in Washington, D.C.<\/a><\/td>\n<\/tr>\n
Office space in Miami<\/a><\/td>Office space in Brooklyn<\/a><\/td>\n<\/tr>\n
Office space in Irvine<\/a><\/td>Office space in Philadelphia<\/a><\/td>\n<\/tr>\n
Office space in Phoenix<\/a><\/td>Office space in San Diego<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n","protected":false},"excerpt":{"rendered":"

A joint venture comprised of Chicago-based Sterling Bay \u2014 along with MRP Realty and Declaration Partners \u2014 inked two new leases with the\u00a0U.S. Travel Association\u00a0and the\u00a0Coalition for Epidemic Preparedness Innovations\u00a0(CEPI) for a total of 25,745 square feet at its Washington, D.C. offices at\u00a01899 Pennsylvania Ave.<\/p>\n","protected":false},"author":56,"featured_media":39211,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,38,4014,39],"tags":[],"class_list":["post-39209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-featured","category-office","wpautop"],"acf":[],"yoast_head":"\nSterling Bay Secures 2 New Leases at DC Office | CommercialCafe<\/title>\n<meta name=\"description\" content=\"A joint venture of Sterling Bay, MRP Realty and Declaration Partners inked two new leases at its Washington, D.C. offices at\u00a01899 Pennsylvania Ave.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sterling Bay Signs Leases with U.S. Travel Association & CEPI in Renovated D.C. Office\" \/>\n<meta property=\"og:description\" content=\"A joint venture of Sterling Bay, MRP Realty and Declaration Partners inked two new leases at its Washington, D.C. offices at\u00a01899 Pennsylvania Ave.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/\" \/>\n<meta property=\"og:site_name\" content=\"CommercialCafe\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-12T04:48:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-25T13:08:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Pennsylvania-Avenue-DC.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1980\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Diana Sabau\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Diana Sabau\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/\",\"name\":\"Sterling Bay Secures 2 New Leases at DC Office | CommercialCafe\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Pennsylvania-Avenue-DC.jpg\",\"datePublished\":\"2024-07-12T04:48:42+00:00\",\"dateModified\":\"2025-03-25T13:08:16+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/#\/schema\/person\/8ed2c6db9854340d5ddeef532edde241\"},\"description\":\"A joint venture of Sterling Bay, MRP Realty and Declaration Partners inked two new leases at its Washington, D.C. offices at\u00a01899 Pennsylvania Ave.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/#primaryimage\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Pennsylvania-Avenue-DC.jpg\",\"contentUrl\":\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Pennsylvania-Avenue-DC.jpg\",\"width\":1980,\"height\":1280,\"caption\":\"aerial view of Pennsylvania Avenue DC\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialcafe.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sterling Bay Signs Leases with U.S. Travel Association & CEPI in Renovated D.C. Office\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/#website\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/\",\"name\":\"CommercialCafe\",\"description\":\"Your Commercial Real Estate Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialcafe.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/#\/schema\/person\/8ed2c6db9854340d5ddeef532edde241\",\"name\":\"Diana Sabau\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2026\/04\/badge.png?w=93\",\"contentUrl\":\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2026\/04\/badge.png?w=93\",\"caption\":\"Diana Sabau\"},\"description\":\"Drawing on years of intense research in the U.S. commercial real estate market at Yardi Matrix, Diana now applies her expertise as a writer for the CommercialCafe blog. Her articles focus on CRE investment, labor market trends, and technology, and have been picked up by prestigious publications including the New York Times, GlobeSt, The Real Deal, NAIOP, MSN, and Bisnow.\",\"sameAs\":[\"diana.sabau@yardi.com\"],\"jobTitle\":\"Senior Content Writer, CRE News & Market Analysis\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/author\/diana-sabau\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Sterling Bay Secures 2 New Leases at DC Office | CommercialCafe","description":"A joint venture of Sterling Bay, MRP Realty and Declaration Partners inked two new leases at its Washington, D.C. offices at\u00a01899 Pennsylvania Ave.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/","og_locale":"en_US","og_type":"article","og_title":"Sterling Bay Signs Leases with U.S. Travel Association & CEPI in Renovated D.C. Office","og_description":"A joint venture of Sterling Bay, MRP Realty and Declaration Partners inked two new leases at its Washington, D.C. offices at\u00a01899 Pennsylvania Ave.","og_url":"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/","og_site_name":"CommercialCafe","article_published_time":"2024-07-12T04:48:42+00:00","article_modified_time":"2025-03-25T13:08:16+00:00","og_image":[{"width":1980,"height":1280,"url":"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Pennsylvania-Avenue-DC.jpg","type":"image\/jpeg"}],"author":"Diana Sabau","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Diana Sabau","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/","url":"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/","name":"Sterling Bay Secures 2 New Leases at DC Office | CommercialCafe","isPartOf":{"@id":"https:\/\/www.commercialcafe.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Pennsylvania-Avenue-DC.jpg","datePublished":"2024-07-12T04:48:42+00:00","dateModified":"2025-03-25T13:08:16+00:00","author":{"@id":"https:\/\/www.commercialcafe.com\/blog\/#\/schema\/person\/8ed2c6db9854340d5ddeef532edde241"},"description":"A joint venture of Sterling Bay, MRP Realty and Declaration Partners inked two new leases at its Washington, D.C. offices at\u00a01899 Pennsylvania Ave.","breadcrumb":{"@id":"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/#primaryimage","url":"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Pennsylvania-Avenue-DC.jpg","contentUrl":"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Pennsylvania-Avenue-DC.jpg","width":1980,"height":1280,"caption":"aerial view of Pennsylvania Avenue DC"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialcafe.com\/blog\/sterling-bay-signs-leases-with-u-s-travel-association-cepi-in-renovated-d-c-office\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialcafe.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Sterling Bay Signs Leases with U.S. Travel Association & CEPI in Renovated D.C. Office"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialcafe.com\/blog\/#website","url":"https:\/\/www.commercialcafe.com\/blog\/","name":"CommercialCafe","description":"Your Commercial Real Estate Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialcafe.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialcafe.com\/blog\/#\/schema\/person\/8ed2c6db9854340d5ddeef532edde241","name":"Diana Sabau","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialcafe.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2026\/04\/badge.png?w=93","contentUrl":"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2026\/04\/badge.png?w=93","caption":"Diana Sabau"},"description":"Drawing on years of intense research in the U.S. commercial real estate market at Yardi Matrix, Diana now applies her expertise as a writer for the CommercialCafe blog. Her articles focus on CRE investment, labor market trends, and technology, and have been picked up by prestigious publications including the New York Times, GlobeSt, The Real Deal, NAIOP, MSN, and Bisnow.","sameAs":["diana.sabau@yardi.com"],"jobTitle":"Senior Content Writer, CRE News & Market Analysis","url":"https:\/\/www.commercialcafe.com\/blog\/author\/diana-sabau\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Pennsylvania-Avenue-DC.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/posts\/39209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/comments?post=39209"}],"version-history":[{"count":3,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/posts\/39209\/revisions"}],"predecessor-version":[{"id":39278,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/posts\/39209\/revisions\/39278"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/media\/39211"}],"wp:attachment":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/media?parent=39209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/categories?post=39209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/tags?post=39209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}