WASHINGTON, DC – October 18, 2012 – Douglas Development is thrilled to announce that Hewlett-Packard Company (HP) has leased 5,689 square feet on the third floor of the Douglas Development-owned property located at 707-709 G Street, NW.
“HP is a great addition to our set of blue chip office tenants. They are a global brand that is extremely successful, on the forefront of innovation, and a company that continues to provide its customers with high value technology. DC is a growing technology hub, and the addition of HP further reinforces the status of DC as a leading technology hub in the global economy,” said Douglas Development Principal, Norman Jemal.  HP signed their lease with Douglas Development in the third quarter of 2012, and is expected to move into the space in the second quarter of 2013. With the addition of HP, this building is now fully leased. HP joins Eagle Bank and Redline at 707-708 G Street, NW.

Added Jemal: “We saw a lot of interest in this space from multiple technology and architectural firms, due to the particularly desirable Penn Quarter location. We felt that HP would be the best fit based on their historic brand and success.”
In addition to Washington DC, HP has domestic locations in California, Florida, and Texas. Some of their International office locations include Switzerland, Russia, Mexico, Brazil, Korea, and Singapore.

About Hewlett Packard Company
Hewlett-Packard Company is an American multi-national computer hardware, software, and services corporation headquartered in Palo Alto, California. HP provides products, technologies, software, solutions and services to consumers, small and medium-sized businesses, as well as, large enterprises including customers in the government, health, and education sectors. They have successful lines of printers, scanners, digital cameras, calculators, PDAs, servers, workstation computers, and computers for home and small business use. HP today promotes itself as supplying not just hardware and software, but also a full range of services to design, implement, and support IT infrastructure.
About Douglas Development
Douglas Development’s commitment to improving neighborhoods and bringing valued brands to the District is unparalleled. Currently the largest private property owner in the area, Douglas Development attracts and pursues the most sought after tenants, including luxury retailers and upscale restaurants. Douglas Development’s properties in the East End of Washington, DC have served as drivers for the continued growth of the area. Today the East End is known as a destination for shopping, dining, and luxury condominiums in the District.