**Pallas Advisors Expands with New Lease Near National Mall**
Pallas Advisors, a strategic advisory firm specializing in national security, defense, and innovation, has secured a long-term lease at 888 17th Street NW in Washington, D.C., just blocks away from the White House and National Mall. The firm, founded in 2018 by two former senior government officials, will occupy 11,122 square feet of office space.
Colliers facilitated the deal and assisted Pallas Advisors in obtaining financial support through the Office of the Deputy Mayor for Planning & Economic Development’s Vitality Fund. This multi-year performance-based incentive program helps companies that are relocating or expanding in the D.C. area by providing financial assistance.
Through the fund, Pallas Advisors will receive a cash award to help offset leasing costs, further supporting the firm’s expansion. The lease agreement also includes rental abatements and a turn-key build-out, ensuring a seamless transition into the new space.
“The close proximity to key Washington, D.C. locations is critical as we continue to expand and enhance our services,” said Sally Donnelly, Founding Partner of Pallas Advisors.
