Friday, April 21, 2017

HFF secures joint venture for 11-story office development in Washington, D.C.’s East End

699 14th Street NW, Washington, DC

Stephen Conley

WASHINGTON, D.C. –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged a joint venture for the acquisition and development of 699 14th Street NW, an 11-story, planned trophy office building in Washington, D.C.’s East End.

HFF worked on behalf of the developer, Lincoln Property Company (Lincoln), to arrange a joint venture with Pearlmark Real Estate (Pearlmark).

699 14th Street NW is located at the corner of 14th and G Streets in Washington, D.C.’s East End, one and a half blocks from the White House.  The site was previously home to the National Bank of Washington.  The joint venture has plans to renovate the bank and develop an adjoining trophy office building.

Upon completion, the project will deliver approximately 135,000 rentable square feet of office and 25,000 rentable square feet of retail space. 

Designed by Shalom Baranes Associates, the office building will feature a state-of-the-art glass tower buttressing the historic bank.  The 11-story building will offer four sides of floor-to-ceiling glass windows, nine-foot ceiling heights and multiple common and private outdoor terraces.

The HFF team representing the developer was led by Stephen Conley, Susan Carras and Andrew Weir.
 “It has been our privilege to work with Lincoln and Pearlmark in creating the start of one of the most exciting projects in D.C. history,” Carras said.

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

Olivia Hennessey
Public Relations Specialist
HFF | 9 Greenway Plaza, Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax 713.527.8725 |

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