Washington REIT has leased a full floor (13,000 square feet) at the historic Army Navy Building in the heart of Washington, DC to a major national nonprofit organization. The 109,000 SF LEED Gold certified building is now 71 percent leased to a variety of prestigious tenants. At the same time, Washington REIT is completing a thoughtful $4 million renovation that has created a VIP tenant amenity in previously under-utilized space.
Boutique developer Pecar Properties is developing two condominium buildings, with a total of 46 units, on former church-owned property just two blocks from the Potomac Avenue Metro station in Washington, DC. Stone Flats at 1337 K Street, SE and Stone Hill condos at 1345 K Street represent the eastward march of church-to-condo transformation as developers […]
Urban Investment Partners (UIP) of Washington, DC has acquired a ten-story building at 2601 Virginia Avenue, NW across from the Watergate mixed-use complex for $36 million. The seller was George Washington University (GWU), which had used the building as student housing for 17 years. Hall on Virginia Avenue achieved notoriety while operating as a Howard […]
Washington, DC’s latest church-to-condo conversion may be the city’s most awe-inspiring to date. The Sanctuary, located at 819 D Street, NE in the Stanton Park neighborhood of prestigious Capitol Hill, offers 30 distinctive homes carefully designed and built within the stately red brick walls of a 19th-century Gothic Revival church. The building’s meticulous restoration produces incredible spaces with soaring ceilings, monumental windows, and residences that will not be replicated.