Washreit signs extended lease agreement with world bank

Washreit has renewed and extended its lease with the world bank at 1776 g street nw through december 31, 2025. the existing lease is scheduled to expire on december 31, 2020. the renewal includes an initial term of 5-years with two 5-year renewal options. separately, the world bank requested, and the company granted, a one-time purchase right for the building, which expires prior to the end of 2019.
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