Mercury Public Affairs’ DC Office Moves to the Boilermaker Building at The Yards

Leading Bipartisan Firm Signs Lease for 8,000 SF Loft Office Space

(May 2, 2016) Washington, DC – Forest City, the master developer and owner of The Yards, DC’s premier urban mixed-use waterfront district, announced today that Mercury Public Affairs, LLC has agreed to lease 8,020 square feet of upper-level space as the office anchor tenant of the historic Boilermaker Building located at 300 Tingey Street SE.

Mercury, a global public strategy firm with 18 offices across the country and overseas, will move its DC operations into the Boilermaker Building this summer. The firm’s DC team of more than 30 senior-level experts specializes in a dozen different disciplines including: crisis management, government relations, media strategy, international affairs, political consulting and public affairs campaign management.

“The Yards provides Mercury with a modern, state-of-the-art working environment for our staff and clients,” said Kieran Mahoney, Mercury CEO. “The development happening in this part of Washington is unmatched, and attracting some of the best companies, retailers and restauranteurs. We’re looking forward to becoming a part of this growing, thriving part of the nation’s capital.”

Mercury’s move to The Boilermaker Building will account for 80% of the building’s office space. Meany & Oliver represented Forest City in the transaction; Mercury Public Affairs was represented by Cushman & Wakefield. The distinctive second-level, loft office space in the Boilermaker Building features its former industrial heritage as a part of the Washington Navy Yard’s manufacturing capacity dating from World War I. High, sloped ceiling lines with clerestory windows, ample natural light, exposed structural girders and even a large, overhead industrial crane set the tone for this unique office location. The building was formerly used for many years in the manufacture of shipboard boilers, torpedo tubes and other heavy-duty equipment for U.S. Naval ships.

“Mercury Public Affairs is exactly the type of creative, forward-thinking firm that will benefit greatly by locating at The Yards,” said Deborah Ratner Salzberg, president of Forest City Washington. “And The Yards certainly benefits in many ways, both directly and indirectly, by having Mercury in the neighborhood.”

Yards Development Updates

The development of The Yards continues on several fronts. At full buildout, the project will feature 5.5 million square feet of office, retail and residential uses spread across 25 buildings on 48 waterfront acres, including 1.8 million square feet of office space, 3,400 residential units and 400,000 square feet of retail, dining and services.

In early March, the initial residents of Arris, the third residential building to be completed at The Yards, began to move in. Over 80 of the building’s 327 luxury apartment units, many with park and waterfront views, have already been leased.

Philz Coffee, a venerable, San Francisco-based coffee house chain, is scheduled to open in mid- May in Arris along its Tingey Street frontage. In a similar timeframe, Whaley’s, a locally-owned and sourced seafood and raw bar, will be opening on the south side of the Lumber Shed facing the riverfront and surrounded by Yards Park.

The Yards Marina is nearing completion and is expected to open in early June offering 50 boat slips, half for seasonal contracts and the other half for transient boaters. Construction is also nearing completion on an interim park area at the corner of M and First Streets, adding to The Yards’ award-winning urban green space component.

Site work will begin in coming weeks at The Yards on an additional residential project involving 191 apartments being developed by Forest City, along with the concurrent construction of an adjacent 138-unit condo building being developed by P N Hoffman. Completion of both residential buildings is expected in 2018.

This June will bring the start of construction on a two-level, single-tenant pavilion building for District Winery, a working, regionally sourced winery, restaurant, tasting room and special events venue with a rooftop terrace. District Winery is the DC debut of the popular Brooklyn Winery in New York City. To be located at 4th and Water Streets SE, District Winery is expected to open in late 2017.

Late this year, construction is expected to begin on a 16-screen Showplace ICON theater complex. The premium cinema experience theater will be located near First Street SE by the Nationals ballpark at the western edge of The Yards. Completion is expected in late 2018.

For retail leasing information about The Yards, contact John Asadoorian at Asadoorian Retail (john@asaretail.com; 202.333.9066). For office leasing information, contact Sharon Oliver at Meany & Oliver (Sharon@meanyoliver.com; 703.448.9400, ext. 202).

About Mercury Public Affairs LLC

Mercury is a high-stakes, bipartisan public strategy firm. The firm provides a comprehensive suite of services that includes federal government relations, international affairs, digital influence, public opinion research, media strategy and a bipartisan grassroots mobilization network in all 50 states. The firm is not just led by top talent — it distinguishes itself by having senior talent deeply engaged in each project from start to finish, a promise it keeps to clients. The firm has an established global presence, with U.S. offices in Washington, DC, New York, California, New Jersey, Illinois, Pennsylvania, Florida, Tennessee and North Carolina, and international offices in London and Mexico City.

Mercury is a part of Omnicom Group Inc. Omnicom is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries.

About Forest City

Forest City Realty Trust, Inc. is a NYSE-listed national real estate company with $10.0 billion in total assets. The company is principally engaged in the ownership, development, management and acquisition of commercial and residential real estate and land throughout the United States. Forest City is also redeveloping its Ballston Common Mall in Arlington. For project information visit BallstonQuarter.com. For more information about Forest City, visit www.forestcity.net.

Contacts

Gary McManus
VP—Corporate Communications
Forest City
202.496.6600
garymcmanus@forestcity.net

Jennifer Wlach
Senior Vice President Mercury
202.261.4000
jwlach@mercuryllc.com