A small but significant developer in Washington, D.C. is getting so much work lately that it needs to hire more staff and expand its office space. Perseus Realty is moving from 2099 Pennsylvania Avenue NW to 1850 M Street NW.
"Being a small company, everybody has been working to their full capacity, so it was time to expand that," says Pamela Durbin, executive assistant to the owner, Bob Cohen.
The new office is only about 4,942 square feet, about a 1,000-square-foot increase from Perseus's current office, so if the company continues to grow chances are there may be another move in the near future.
A renovation permit was issued in late June and remodeling of the office space started immediately. Durbin says the owner plans to move in just another three weeks.
Architects from Studios Architecture are designing the space and including more offices and larger work stations for the Perseus staff. One new staff member that will be joining the Perseus team is an executive vice president of development, Adam Peters, formerly of Vornado and JBG.
Perseus may be relatively small in staff size, but its developments have been popping up all over the city. Just some of their latest projects include the redevelopment of the former
Greyhound bus terminal at 1005 First St NE, a new mixed-use office and retail space at
1728 14th Street, and a boutique condo building in Lanier Heights at
1827 Adams Mill Road.