More than half of the 83 elegant fully renovated apartments at The Bond, located in Washington, DC’s prestigious West End neighborhood, have been leased in less than two months.
“The Bond, Washington’s newest residential project in the West End/Dupont submarket, has experienced rapid leasing in its first weeks of operation,” said Joshua Benaim, Managing Principal of New York City-based Aria Development Group, which acquired the building at 1230 New Hampshire Ave., NW from the International Monetary Fund last year and has completed a $10 million renovation.
“Forty-three apartments have been snapped up by a mix of local and international professionals who are enthralled with the apartments’ great natural light, European design finishes, and walkability,” Benaim continued.
K. David Meit, CPM®, President and CEO of Oculus Realty, which is leasing and managing The Bond, added: “We are thrilled with the market’s response to date. People love the community’s combination of old world charm and cutting edge technology. The Bond is convenient to both employment and entertainment and has a perfect WalkScore of 100. It is the first multifamily building in North America to feature ‘learning’ Nest thermostats in every unit. With rental rates beginning at $1,900, The Bond is comparable in cost to new multifamily buildings in other popular DC neighborhoods.”
The Bond is ideally situated between Dupont Circle, Washington Circle, Georgetown, and the downtown Golden Triangle. It is the first new apartment building to deliver in the Dupont Circle/West End neighborhood since Boston Properties’ highly successful Residences on The Avenue.
This rapidly leasing property is the largest of several Washington, DC investments to date by Aria Development Group, which has also developed the ultra-luxury oceanfront condominium 321 Ocean in Miami’s South Beach, along with luxury mixed-use projects in New York City’s SoHo and West Village.
For leasing information, please call (202) 808-9680 or visit the website at www.TheBondDC.com.
Aria Development Group is a real estate development and investment firm with properties in New York City, Washington, DC and Miami. Aria was founded in 2009 to marry classic value investment strategy with the real estate values of location, scarcity, and beauty. The company is focused on acquiring premier multifamily and mixed-use properties or sites in great neighborhoods and helping them reach their full potential.
Oculus Realty, LLC provides property management and advisory services to private real estate investors in the Washington, DC metropolitan area. The firm specializes in the investment and management of boutique apartment communities and small retail centers. Oculus is a licensed real estate broker in Maryland and the District of Columbia and an Accredited Management Organization (AMO®). For more information, please contact the firm’s president K. David Meit, CPM® at (301) 563-9021 x101 or email him at firstname.lastname@example.org.