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Washington Post Renews at DC’s Tallest Office Tower

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Washington Post Renews at DC’s Tallest Office Tower


The Washington Post is remaining in its 300,000-square-foot office at One Franklin Square in Downtown Washington, D.C., landlord Hines announced. 

The media publisher renegotiated its lease at the 612,189-square-foot tower — also known as 1301 K Street NW, and considered the tallest commercial building in the District — through at least 2037. 

SEE ALSO: Affordable Housing Startup Pronto Housing Closes $3M Pre-Series A Round

The lease extension allowed Hines to extend the building’s existing loan through Mesa West for up to five years, Andrew McGeorge, senior managing director at Hines, told Commercial Observer.  The five-year term covers $250 million, which includes funding for future leasing activity, he said.

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The Washington Post moved into the property in 2016 and had a lease termination option in December of 2025, McGeorge said. “A longer-term commitment from the Post allowed our lender to give us favorable terms when extending our existing loan.”

The Washington Post occupies five floors in the west tower and three floors in the east tower. It also has some ground-floor space.

“As the paper of record for Washington, we’re proud to be headquartered in the heart of the city, just blocks from the world’s most powerful leaders,” Steve Gibson, chief financial officer for The Washington Post, said in a prepared statement. “The Post is committed to the District both in our coverage and in our long-term presence at One Franklin Square, as we continue to deliver world-class journalism in service of local, national and global readers alike.” 

The Post is owned by Nash Holdings, the private investment company of Jeff Bezos

Hines acquired the property in 1996 for $180 million. Since 2015, Hines has replaced most major systems and upgraded the building’s rooftop terrace and lounge, added a conference facility with capacity for 130 people, and installed a new fitness and yoga center.

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Other notable tenants in the building include Reed Smith and Davis Wright Tremaine.

JM Zell Partners represented the tenant in the deal while Hines was represented in-house.

Keith Loria can be reached at Kloria@commercialobserver.com.



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Washington Commanders Roster Moves: Phidarian Mathis release opens up spot for Jonathan Allen's return from IR

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Washington Commanders Roster Moves: Phidarian Mathis release opens up spot for Jonathan Allen's return from IR


The Washington Commanders have reportedly waived former Ron Rivera 2nd round pick DT Phidarian Mathis. This was an expected move from the team for several reasons. He has been a healthy scratch for the last three games and practice squad DT Carl Davis was elevated to get playing time over him. Dan Quinn called it “internal competition” which means he was beat out for his spot. His first two year’s were plagued by injuries, now healthy, he’s just not good enough.

Jonathan Allen has been on injured reserve since tearing his pectoral against the Baltimore Ravens in Week 6. His injury wasn’t as serious as first feared and he’s now set to rejoin the team. His 21-day practice window was opened last Wednesday, but he was limited on practice last week and wasn’t activated. Allen’s been a full participant this week, and will need to be activated by 4pm today to play against the Atlanta Falcons tomorrow night. He is expected to be on a snap counts during his first game back since October

Earlier in the week Greg Joseph was waived from the practice squad, and he was signed to the Jets practice squad the next day. Zane Gonzalez is healthy, and Austin Seibert is eligible to return from IR next week. His spot was filled with the signing of 9-year veteran WR Chris Moore.





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New York plays Washington on 6-game win streak

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New York plays Washington on 6-game win streak


Associated Press

New York Knicks (21-10, third in the Eastern Conference) vs. Washington Wizards (5-23, 15th in the Eastern Conference)

Washington; Saturday, 7 p.m. EST

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BETMGM SPORTSBOOK LINE: Knicks -13; over/under is 228.5

BOTTOM LINE: New York is looking to build upon its six-game win streak with a victory over Washington.

The Wizards have gone 4-15 against Eastern Conference teams. Washington has a 1-22 record in games decided by 10 or more points.

The Knicks are 15-7 in conference matchups. New York is ninth in the Eastern Conference with 33.0 defensive rebounds per game led by Karl-Anthony Towns averaging 10.7.

The Wizards average 12.1 made 3-pointers per game this season, 1.5 fewer makes per game than the Knicks allow (13.6). The Knicks average 14.1 made 3-pointers per game this season, 0.3 fewer makes per game than the Wizards allow.

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TOP PERFORMERS: Jordan Poole is averaging 21.3 points, five assists and 1.6 steals for the Wizards.

Towns is averaging 24.3 points, 13.5 rebounds and 3.4 assists for the Knicks.

LAST 10 GAMES: Wizards: 3-7, averaging 106.7 points, 47.7 rebounds, 24.3 assists, 7.8 steals and 6.9 blocks per game while shooting 43.3% from the field. Their opponents have averaged 119.4 points per game.

Knicks: 8-2, averaging 115.0 points, 43.3 rebounds, 27.6 assists, 8.8 steals and 4.2 blocks per game while shooting 49.9% from the field. Their opponents have averaged 105.2 points.

INJURIES: Wizards: Saddiq Bey: out (knee), Kyle Kuzma: out (ribs), Marvin Bagley III: out (knee), Jordan Poole: day to day (hip).

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Knicks: Mitchell Robinson: out (ankle).

___

The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.




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Syracuse and Washington State Bowl Records & History: How have the Holiday Bowl teams fared through the years?

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Syracuse and Washington State Bowl Records & History: How have the Holiday Bowl teams fared through the years?


The 8-4 Washington State Cougars will take on 9-3 Syracuse on Friday in the 45th edition of the Holiday Bowl. The Holiday Bowl has taken place in San Diego, Calif., since 1978, and will be held at Snapdragon Stadium for the first time this year.

Though both Washington State and Syracuse have had football programs for at least 130 years, Friday’s game will mark just the second matchup between the two teams. The two teams last played in 1979, when Syracuse earned a 52-25 win.

Syracuse comes into the game ranked No. 22 in the AP Top 25 poll, and riding a three-game winning streak. Washington State comes into the game with significantly less momentum, having lost their last three games.

SEASON

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BOWL

OPPONENT

RESULT

1952

Orange Bowl

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Alabama

L 6–61

1956

Cotton Bowl Classic

TCU

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L 27–28

1958

Orange Bowl

Oklahoma

L 6–21

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1959

Cotton Bowl Classic

Texas

W 23–14

1961

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Liberty Bowl

Miami

W 15–14

1964

Sugar Bowl

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LSU

L 10–13

1966

Gator Bowl

Tennessee

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L 12–18

1979

Independence Bowl

McNeese State

W 31–7

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1985

Cherry Bowl

Maryland

L 18–35

1987

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Sugar Bowl

Auburn

T 16–16

1988

Hall of Fame Bowl

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LSU

W 23–10

1989

Peach Bowl

Georgia

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W 19–18

1990

Aloha Bowl

Arizona

W 28–0

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1991

Hall of Fame Bowl

Ohio State

W 24–17

1992

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Fiesta Bowl

Colorado

W 26–22

1995

Gator Bowl

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Clemson

W 41–0

1996

Liberty Bowl

Houston

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W 30–17

1997

Fiesta Bowl

Kansas State

L 18–35

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1998

Orange Bowl

Florida

L 10–31

1999

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Music City Bowl

Kentucky

W 20–13

2001

Insight.com Bowl

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Kansas State

W 26–3

2004

Champs Sports Bowl

Georgia Tech

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L 14–51

2010

Pinstripe Bowl

Kansas State

W 36–34

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2012

Pinstripe Bowl

West Virginia

W 38–14

2013

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Texas Bowl

Minnesota

W 21–17

2018

Camping World Bowl

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West Virginia

W 34–18

2022

Pinstripe Bowl

Minnesota

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L 20-28

2023

Boca Raton Bowl

South Florida

L 45-0

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The Orange will play in their 29th bowl game on Friday, but will make their first appearance in the Holiday Bowl.

Syracuse first appeared in a bowl game in 1953, when they lost to Alabama in the Orange Bowl. The team lost their first three bowl games, and lost six of their first nine bowl game appearances. Their first bowl game win came over Texas in 1959, the same year they won their lone national championship.

The Orange have made three straight bowl games, but have lost each of the last two. They will look to correct course with a win over Washington State.

SEASON

BOWL

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OPPONENT

RESULT

1915

Rose Bowl

Brown

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W 14–0

1930

Rose Bowl

Alabama

L 0–24

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1981

Holiday Bowl

BYU

L 36–38

1988

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Aloha Bowl

Houston

W 24–22

1992

Copper Bowl

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Utah

W 31–28

1994

Alamo Bowl

Baylor

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W 10–3

1997

Rose Bowl

Michigan

L 16–21

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2001

Sun Bowl

Purdue

W 33–27

2002

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Rose Bowl

Oklahoma

L 14–34

2003

Holiday Bowl

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Texas

W 28–20

2013

New Mexico Bowl

Colorado State

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L 45–48

2015

Sun Bowl

Miami (FL)

W 20–14

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2016

Holiday Bowl

Minnesota

L 12–17

2017

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Holiday Bowl

Michigan State

L 17–42

2018

Alamo Bowl

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Iowa State

W 28–26

2019

Cheez-It Bowl

Air Force

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L 21–31

2021

Sun Bowl

Central Michigan

L 21–24

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2022

LA Bowl

Fresno State

L 6–29

Washington State first appeared in a bowl game in 1915, when they played in the second edition of the historic Rose Bowl. They have played in the Rose Bowl four times over their history.

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The Cougars have also appeared in the Holiday Bowl four different times. They made their first appearance in 1981, the fourth installment of the Holiday Bowl, and most recently in 2017.

Washington State saw their longest streak of bowl games under late coach Mike Leach, who led the Cougars to five straight Holiday Bowls from 2015 to ’19. Washington State went 0-2 in the Holiday Bowl and 2-4 in total bowl games under Leach.

The Orange hold the advantage over the Cougars in bowl game record.

TEAM

WINS

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LOSSES

TIES

WINNING PERCENTAGE

Syracuse

16

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11

1

.571

Washington State

8

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10

0

.444



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