JLL has completed a new round of leasing activity at One Thomas Circle in Washington, D.C., highlighting ongoing demand for high-quality, amenity-rich office space in the market. The firm announced both new leases and tenant expansions at the property, which is owned by LaSalle Investment Management.
Flexible workplace provider Industrious is significantly growing its footprint at One Thomas Circle. The coworking operator, which had previously occupied the building’s seventh floor, has signed a new lease for the entire fourth floor. The additional space effectively doubles Industrious’s presence at the property and underscores continued interest in flexible, serviced office solutions within traditional office buildings.
In a separate commitment, a global nonprofit organization focused on financial inclusion has finalized a lease to relocate its new headquarters to One Thomas Circle. The nonprofit’s move brings another office user to the building and adds to the roster of tenants choosing to position long-term operations at the address.
JLL’s leasing team, led by Kristen Mathis and Thomas Myers, represented LaSalle Investment Management in the transactions at One Thomas Circle. Their work on the new leases and expansions reflects an active leasing environment for well-positioned office assets in Washington, D.C.
To capture and accommodate ongoing demand for move-in-ready space, ownership is also advancing a speculative suite program on the property’s top floor. Five new spec suites are under construction on the 12th floor, which is the highest floor in the building. The suites will range from approximately 2,500 square feet to 8,000 square feet and are being built to deliver ready-to-occupy office layouts for prospective tenants.
The 12th-floor spec suites are expected to deliver by the end of 2026, positioning One Thomas Circle to offer a mix of flexible workspace, traditional headquarters space and turnkey suites within a single office property. The latest leases, expansions and planned spec suites collectively underscore the building’s leasing momentum and the appeal of amenity-rich office product in Washington, D.C.
