A Not-For-Profit Plants its Flag in Midtown

A Not-For-Profit Plants its Flag in Midtown

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Apr 30, 2013
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Stout & Teague successfully represented Namati, a not-for-profit focused on legal empowerment work, in their relocation from sublet space in Foggy Bottom into a full floor office at Hovde Financial’s 1824 Jefferson Place building. “This was an absolute win-win for both parties”, said Stout & Teague Vice President, Mike Gordon. “The landlord was seeking to reduce costs and had the perfect “plug & play” scenario which Namati, a small but growing organization, was able to occupy immediately”. The Hovde Building is a gem in the heart of Washington’s Golden Triangle. Built in 1906 and consisting of over 10,000 square feet, this classic townhouse office, just 2 blocks south of the Dupont Circle Metro, is ideal for associations, not-for-profits, or foundations.