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US Department of Education signs anchor lease in downtown Richmond, Virginia

Federal agency signed an initial deal over the summer at 701 E. Franklin
The U.S. Department of Education now leases over 100,000 square feet at 701 E. Franklin St. (CoStar)
The U.S. Department of Education now leases over 100,000 square feet at 701 E. Franklin St. (CoStar)
By Emily Pross
CoStar Research
January 14, 2026 | 6:53 P.M.

The U.S. Department of Education signed one of Richmond, Virginia's largest office leases of 2025 just before the turn of the calendar, expanding its footprint at a downtown building it originally committed to over the summer.

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