Friday, October 31, 2014

HFF closes sale of 800 17th Street in Washington, D.C.

800 17th Street, Washington, DC

John Pelusi
WASHINGTON, D.C. – HFF announced it has closed the sale of 800 17th Street, a 364,502 square-foot, LEED® Platinum, trophy office building located two blocks from the White House in Washington, D.C.’s central business district. 

               HFF marketed the property on behalf of the seller, The PNC Financial Services Group and procured the buyer, a joint venture between Norges Bank Investment Management and TIAA-CREF.

800 17th Street was completed in 2010 to partially accommodate PNC Bank, N.A.’s regional headquarters. 

The 12-story building features a corner location with three sides of floor-to-ceiling glass offering views of the Washington Monument, Jefferson Memorial, Potomac River and Farragut Square. 

A top-of-the-line amenity package includes a roof top deck and sky garden, private 11th floor balcony, a 7,000-square-foot fitness center and a private two-level parking garage. 

Stephen Conley
In addition to PNC as the lead tenant, Holland & Knight, Analysis Group and Haynes & Boone also occupy space in this prominent office tower. 

The property is located at 800 Seventeenth Street, NW, just two blocks from the White House and proximate to many federal buildings and agencies such as the New and Old Executive Office Buildings, U.S. Chamber of Commerce, Veterans Administration and Department of Treasury.

Tenants have access to mass transit via two Metro stations – Farragut West (Orange, Silver & Blue lines) and Farragut North (Red Line), providing access to the greater Washington, D.C. area. 

The HFF investment sales team representing the seller was led by executive managing directors John Pelusi and Stephen Conley, senior managing directors Andrew Weir, Jim Meisel, and Dek Potts, associate director Matt Nicholson and senior real estate analyst Dave Baker.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |

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