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McBRIDE REAL ESTATE SERVICES INC. NEGOTIATES LEASE FOR UBER’S NEW DC OFFICES

Contact: Janine Kamwene                                                                                      FOR IMMEDIATE RELEASE
Phone: 310-739-7002                                                                                              December 16, 2013
Email: janine@dupontstudios.com

McBRIDE REAL ESTATE SERVICES INC. NEGOTIATES LEASE FOR UBER’S NEW DC OFFICES

Washington, DC – McBride Real Estate Services, Inc. has completed negotiations for Uber’s new Washington, DC office lease. Uber was represented by Richard McBride and Luke Joyce of McBride Real Estate Services, Inc. and Matthew Gannon of Vornado/Charles E. Smith represented the landlord.

With the signing of Uber, their 388,000 square foot office building is now 90% leased.  Located in the Dupont Circle neighborhood, the building provides a number of tenant amenities, including concierge service, a conference facility, fitness center and rooftop terrace.

“This is the second office lease we negotiated this year on behalf of Uber. This building offered an ideal combination of tremendous window ratio, great neighborhood, easy vehicular access, a large garage and very attractive economics to create the perfect fit for Uber’s needs. Many landlords were vying to lease space to this exciting, rapidly expanding company but Vornado clearly offered the best terms for an ideal space”, said Richard J. McBride, Jr., President.

“Working with Uber was an exciting challenge. They are a rapidly growing technology company that required an unusual combination of features to support their business plan. We scoured the market to find the best real estate solution to support Uber’s operations and expansion. It’s always satisfying to have a client that’s pleased with your efforts and an added bonus to have represented a brand that is transforming transportation services globally”, said Luke Joyce, Managing Director.

Uber’s offices were previously located on N Street, NW. Headquartered in San Francisco, CA, the company is currently operating in 23 countries and has 31 offices nationally.

McBride Real Estate Services, Inc., located in Washington, DC, provides real estate solutions that champion clients’ business objectives. Specializing in tenant representation, McBride provides a full complement of real estate services including acquisition and disposition of leased and owned facilities, lease audits, lease administration, strategic planning, enterprise integration, and project management. The firm’s highly experienced partners have backgrounds in law, finance, architecture, and construction. Through its strategic alliances, McBride supports clients with the resources of almost 200 employees for all key planning, transaction, and implementation needs. Since its founding in 2002, McBride has represented tenants in leasing over two million square feet of property in the Washington, DC metropolitan area. For more information, visit www.mcbrideres.com.

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WASHINGTON’S REAL ESTATE INSIDERS

EXPERIENCE + KNOWLEDGE = CLIENT POWER

Who We Are

The mission of McBride Real Estate Services, Inc. (MRES) is to provide real estate solutions that champion our clients’ business objectives. We are not a typical “brokerage” firm. Rather, we are a flexible organization, consisting of seven senior real estate professionals driven to provide our clients with the best solutions at the best value. Our partners’ backgrounds include work in the legal, financial, construction and architecture sectors, plus an average real estate experience level exceeding 10 years. The advantages MRES clients enjoy are: customized solutions, access to the best professionals for every phase of a project and the personal attention of the company’s principals.

Our size is our strength. The core of MRES remains small on purpose. Having worked for companies of various sizes in our past professional lives, we have found that a strong, small team with complementary skill sets is able to provide the best services and maintain the best relationships with our clients. However, our core size does not limit the depth of our services. Rather than having a large organization with weak links in several service areas, we are able to provide the best professionals for every phase of a project through our strategic alliances. MRES is able to support our clients with the resources of almost 200 employees for all key planning, transaction and implementation areas as described in Our Services. Furthermore, we are able to flexibly staff a project in any location utilizing the ideal team to deliver the customized solution.

In our hearts, MRES is a Tenant Representation firm first and foremost. That being said, we provide a full complement of real estate services to support our tenant clients. These include: representing our clients in the acquisition and disposition of leased and owned facilities, lease audits, lease administration, strategic planning, enterprise integration and project management for a wide variety of real estate projects.

McBride Team

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