Possessing one of the world’s most famous and coveted addresses, 1111 Pennsylvania Avenue is one of only 11 private properties on Pennsylvania Avenue NW between the U.S. Capitol and the White House. The entirety of its office space (95% of total square footage) is fully leased to Morgan Lewis & Bockius through July 2032. Morgan Lewis & Bockius is a prominent global law firm, with approximately 2,000 attorneys working in 31 offices worldwide, generating approximately $2 billion in revenue. In-place rent is nearly 25% below market rates for trophy new construction in Downtown DC. Since 2010, more than $35 million ($100/SF) has been spent on base building and tenant spaces.