Savills Studley, the leading commercial real estate firm specializing in tenant representation, announced today that it has arranged an 11-year, 85,000 square-foot lease with national rail operator Amtrak for its U.S. headquarters at One Massachusetts Avenue, NW, a.k.a., the National Guard Memorial Building.

The new lease enables Amtrak to relocate its operations from Union Station to the eight-story, 174,000 square-foot property, which is located at the intersection of North Capitol Street and Massachusetts Avenue. The new lease commences in the fall of 2017and includes office space on the 3rd, 4th, 5th and 6th floors.

“Amtrak is excited to have found a new home for our corporate offices, central to Washington Union Station and the neighborhood that supports our second busiest station,” said Bart Bush, Amtrak Vice President of Asset and Real Estate Development. “This office move affords Amtrak the opportunity to optimize the effectiveness of our corporate talent, providing professional, modern spaces and technology for increased collaboration and productivity.”

Savills Studley’s Executive Vice President Bill Quinby, Tim Foley, David Cornbrooks and Project Management Director David Simmons represented Amtrak in the long-term lease transaction. OPX provided workplace strategies services and is the designer/architect of record for Amtrak’s premises.

With the understanding that Amtrak’s HQ functions needed to remain in close proximity to Union Station, the Savills Studley team identified, analyzed and negotiated lease terms with existing and to be built buildings in NOMA/Capitol Hill submarket in advance of Amtrak’s lease expiration at Union Station. The final lease included a generous concession package which offers several new amenities and improvements, including a large conference center, expansive views and a new tenant-only fitness center.

One Massachusetts Ave., NW, only blocks away from the U.S. Capitol and the National Mall, is home to the National Guard Memorial Museum, the Memorial Library and the Medal of Honor Gallery. The landlord, the National Guard Association of the United States, was represented by Bert Donohoe at Donohoe Real Estate Services in the transaction.

Amtrak is officially known as the National Railroad Passenger Corporation. With 21,000 route miles in 46 states, the District of Columbia and three Canadian provinces, Amtrak operates more than 300 trains each day to more than 500 destinations.