Comptroller Spends $489 Million On Office Space

The Office of the Comptroller of the Currency has signed a new 15-year lease. The Washington Business Journal reports the agency is slated to take over 640,000 square feet of space at the Constitution Center, for nearly $489 million. About one thousand workers will be moving into the building on Seventh Street in SouthWest in the fall of 2012. OCC is growing thanks to the Dodd-Frank financial reform legislation. It will take over the Office of Thrift Supervision in July.