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Sheppard signs for 107,224 SF at In-Rel’s 2033 K Street NW project

The law firm plans to move in after expected completion in July 2029, as In-Rel updates the existing K Street building by adding floors and a penthouse.

Reported · Written up by our desk · Commercial

Sheppard has signed an anchor lease for 107,224 square feet at In-Rel Properties’ planned office redevelopment at 2033 K Street NW in Washington, D.C., according to Commercial Observer and a CBRE announcement.

The deal targets a move-in date after the building’s expected completion in July 2029. CBRE did not disclose the lease value or asking rent.

In-Rel’s redevelopment will keep the existing building’s concrete structure while expanding it vertically and horizontally, including adding three floors and a penthouse.

The expansion underscores a bet on Washington’s bifurcated office market, where distressed inventory can coexist with a shortage of large, new trophy-quality space for high-end tenants such as major law firms.

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