Brown Advisory Relocates to Washington, DC Through Expansion at Pembroke’s 1801 Pennsylvania Avenue
Brown Advisory, an investment and strategic advisory firm, relocated its Chevy Chase, Maryland office to the District May 1st via a new long-term lease expansion at 1801 Pennsylvania Avenue, part of the Pembroke portfolio. With this additional space, Brown Advisory will occupy a contiguous 43,000 sq ft, an expansion that supports the firm’s long-term […]
Brown Advisory, an investment and strategic advisory firm, relocated its Chevy Chase, Maryland office to the District May 1st via a new long-term lease expansion at 1801 Pennsylvania Avenue, part of the Pembroke portfolio. With this additional space, Brown Advisory will occupy a contiguous 43,000 sq ft, an expansion that supports the firm’s long-term commitment to the region and community.
Brown Advisory cites the many advantages of a downtown office in motivating the move, including access to the intersection of commerce, culture and policy which is a tremendous benefit to clients and colleagues.
The move also supports Brown Advisory’s commitment to expanding in city centers and aligns with Pembroke’s commitment to providing tenants with sophisticated, dynamic work environments to meet the needs of tenants and their employees, with collaborative spaces and top-of-the-line amenities.
Brett Gibson, head of Brown Advisory’s Washington office, said: “Downtown DC is where culture and commerce collide, which is a great benefit for our clients and colleagues. From the ability to attract talent across the region, to the opportunity to engage in the countless events and civic organizations in the city, this move will support our long-term growth and network both regionally and globally.”
Pembroke’s mixed-use portfolio in DC provides desirable locational attributes for companies like Brown Advisory looking for Class A office space proximate to public transit, and a dense assortment of restaurant and retail options. 1801 Penn overlooks nearby Murrow Park, is a block from the Farragut West metro station on the blue, orange, and silver lines, directly across from The World Bank and IMF, and surrounded by an array of amenities for colleagues and clients to dine or socialize.
Pembroke thoughtfully invests in repositioning assets that meet the demands of today’s evolving workforce and 1801 Penn was repositioned to support businesses like Brown Advisory who choose to grow at scale within the building’s elevated boutique envelope.
Max Timmons, Senior Asset Manager at Pembroke, commented: “Pembroke is thrilled to support Brown Advisory’s long-term growth plans at 1801 Penn and see our vision for the asset come to life. Designed to create a forward-thinking, wellness-focused offering with a hospitality-inspired lobby, expansive rooftop, fully equipped fitness center, and the recently delivered conference center, 1801 Penn can also accommodate growth solutions for companies looking to meet the demands of today’s workforce.”
Leasing services for Pembroke were provided by Michael Katcher, Mark Wooters, John Skolnik and Kyle McFadden of Cushman & Wakefield. JLL brokers Thomas Doughty, Bobby Blair, and Zach Boroson represented Brown Advisory in the expansion.
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