Savills announces Allen & Overy’s occupancy expansion with 40,914-square-foot lease

WASHINGTON (November 22, 2022) – Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and business builder, announces that AM Law Global 200 firm Allen & Overy, LLP has inked a long-term lease renewal and restructure at 1101 New York Avenue, NW in Washington, DC.

Allen & Overy will expand its office occupancy in the building, leasing a total of 40,914 square feet, continuing their presence on the 11^th floor and expanding onto part of the 10^th floor. The firm plans to begin renovations to its space in early 2023.

James Potocki, Director of Leasing, Oxford Properties, said, “1101 New York remains a destination of choice for employers looking to gain an edge in the battle for talent. We are proud to continue our partnership with the prestigious firm of Allen & Overy and deliver world-class amenities to its employees in a dynamic space that will maximize collaboration in a new, more modern era of work.”

“Since moving into 1101 New York in 2013, the building has supported the firm’s practice with a location convenient to important clients and space that is a destination for our attorneys and staff.  As Allen & Overy continues its US growth trajectory, we are pleased that our DC office location will grow alongside us.,” said Anthony Mansfield, the managing partner of Allen & Overy’s Washington office. 

The Savills tenant advisory team of Vice Chairs Tom Fulcher and Julie Rayfield and Managing Director Adam Brecher represented the international law firm while Stream Realty’s Managing Director Matt Pacinelli, Executive Managing Director Kyle Luby and Senior Vice President John Klinke represented Oxford Properties.

“Allen & Overy set out to reimagine its workspace to provide a more effective and modernized office for its workforce and clients. After reviewing the market, 1101 New York was determined to be the optimal opportunity for the firm as it can remain at its current location, expand across connected floors, and provide upgrades to the space to meet the requirements of its evolving and expanding practice,” said Fulcher, who serves as chair of Savills’ Legal Tenant Practice Group.

1101 New York stands adjacent to CityCenter, Washington DC’s premier mixed-use environment, offering award-winning outdoor spaces, restaurants, abundant high-end retail, and best-in-class residential. The building’s floor-to-ceiling glass windows provide abundant natural light and air while creating some of the best unobstructed panoramic views of the DC skyline. A rooftop terrace and on-site fitness center add to the forward-thinking, health-focused on-site experience.

Oxford Properties Group
Oxford Properties Group (“Oxford”) is a leading global real estate investor, asset manager and business builder. It builds, buys, and grows defined real estate operating business with world-class management teams. Established in 1960, Oxford and its portfolio companies manage approximately C$82 billion of assets across four continents on behalf of their investment partners. Oxford’s owned portfolio encompasses office, logistics, retail, multifamily residential, life sciences, hotels and credit in global gateway cities and high-growth hubs. A thematic investor with a committed source of capital, Oxford invests in properties, portfolios, development sites, debt, securities and real estate businesses across the risk-reward spectrum. Together with its portfolio companies, Oxford is one of the world’s most active developers with over 100 projects currently underway globally across all major asset classes. Oxford is owned by OMERS, the Canadian defined benefit pension plan for Ontario's municipal employees.

Allen & Overy
Allen & Overy is a global law firm that helps the world’s leading businesses to grow, innovate and thrive. For almost a century, the firm has built a reputation for its commitment to think ahead and bring original solutions to its clients’ most complex legal and commercial challenges.

Stream Realty Partners

Stream Realty Partners is a full-service commercial real estate firm with integrated offerings in leasing, property management, tenant representation, development, construction management, investment sales, and investment management services. Headquartered in Dallas, Stream is dedicated to sourcing acquisition and development opportunities for the firm and its clients. Since 1996, the company has grown to a staff of more than 1,200 professionals with offices in Atlanta, Austin, the Carolinas, Chicago, Dallas, Denver, Fort Worth, Houston, Greater Los Angeles, Nashville, Northern Virginia, Phoenix, San Antonio, and Washington, D.C. Stream completes more than $5.8 billion in real estate transactions annually and is an active investor and developer across the nation. Visit www.streamrealty.com.