WASHINGTON, June 11 /PRNewswire/ -- Powell Goldstein Frazer & Murphy LLP
and Boston Properties announced that Powell Goldstein has signed a lease for
85,131 square feet in Boston Properties' new building under construction at
901 New York Avenue and will be moving in by November of 2004.
Armin Brecher, Chairman of Powell Goldstein, said, "Over the past 20 years
our Washington office has grown from 3 attorneys to nearly 90 and we are very
pleased that 901 New York Avenue, which is so well located and efficiently
designed, will host our future growth in the Washington market."
Alan Parver, Managing Partner of Powell Goldstein's Washington office,
noted, "We were one of the first law firms to move to Pennsylvania Avenue in
June of 1987, and we are again looking ahead by moving to 901 New York in
2004. The growth and direction of the city will make our area an exciting
place to be."
Powell Goldstein's offices will be on the point of 901 New York, just one
block from the new convention center, across the street from the District of
Columbia Museum and the city's new convention hotel. Raymond Ritchey,
Executive Vice President at Boston Properties, remarked, "We are delighted
that Powell Goldstein has the foresight to share our vision that this is going
to be one of Washington's best business centers."
Peter Segal and Ron Gart led Powell Goldstein's space negotiation team and
the Firm was represented by Pat Marr and Sherry Cushman of CB Richard Ellis'
Washington, DC office. Boston Properties was represented by Scott Frankel,
Mark Minich, Susan Thomas and Peter Weitz in the Washington, DC office of
Cushman & Wakefield.
Boston Properties (NYSE: BXP) is a fully integrated, self-administered and
self-managed real estate investment trust that develops, redevelops, acquires,
manages, operates and owns a diverse portfolio of Class-A office, industrial
and hotel properties. The Company is one of the largest owners and developers
of Class-A office properties in the United States, concentrated in four core
markets -- Boston, Midtown Manhattan, Washington, D.C. and San Francisco. For
additional information, please visit http://www.bostonproperties.com .
Powell, Goldstein, Frazer & Murphy LLP, a 300-lawyer firm with offices in
Atlanta and Washington, provides a wide range of legal services to the Global
1000, including advice and counsel in the areas of business, financial
institutions, litigation, homeland security, government contracts,
international, government and regulatory, health care, tax, real estate and
employment law. For further information on Powell Goldstein, visit our web
site at http://www.pgfm.com .
SOURCE Powell Goldstein Frazer & Murphy LLP
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Related links:
http://www.bostonproperties.com
http://www.pgfm.com
CONTACT:
Alan Parver of PGFM, +1-202-624-7225, or
aparver@pgfm.com
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