Kaiser Permanente Leases 210,000 SF in Capitol Hill Area

Kaiser Permanente, the non-profit health care provider, signed a 15-year lease for about 210,000 square feet in the new Station Place office building at 700 2nd St. NE in Washington, DC. The organization will take occupancy in early 2011.

The 10-story building totals 507,273 square feet. Louis Dreyfus Property Group, the property's owner, manager and developer, completed construction on the facility last month, according to CoStar information. It is the third building to deliver in the Station Place complex, which abuts Union Station in the Capitol Hill district.

Kaiser Permanente will occupy the entire first, sixth and seventh floors, along with the concourse and half of the fifth floor. It is consolidating two nearby locations within the District, according to sources, and will use the new space for a range of medical, laboratory, pharmacy and outpatient services.

"With the opening of the Capitol Hill Medical Office, Kaiser Permanente of the Mid-Atlantic States is in a position to become a leading provider of health care on the East Coast, and a model for how health care should be delivered across the nation,” Robert Pearl, MD, president and CEO of the Mid-Atlantic Permanente Medical Group, said in a statement on Monday.

Robert Blair, Andrew Felber, Timothy Hutchens, Mark Klug, Roberta Liss and Bruce Pascal of CB Richard Ellis represented Louis Dreyfus Property Group in the lease. Andrew O’Brien and Rita Robison of Jones Lang LaSalle represented Kaiser Permanente.