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| 699 14th Street NW, Washington, DC |
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| 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 | www.hfflp.com
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