Sunday, August 19, 2018

HFF announces sale and financing of the Jefferson Building in Washington, D.C.


Jefferson Building, 1225  19th Street Northwest, Washington, DC

WASHINGTON, D.C. –– Holliday Fenoglio Fowler, L.P. (HFF) announces the sale and financing of the Jefferson Building, a 73,168-square-foot, boutique office building in the heart of Washington, D.C.’s central business district (CBD).

Dan McIntyre
The HFF team represented the seller, Invesco Real Estate, a global real estate investment manager, and procured the buyer, Marcus Partners.  Additionally, working on behalf of the buyer, the HFF team arranged acquisition financing through a balance sheet lender.

The Jefferson Building is located at 1225 19th Street Northwest at the corner of 19th Street and Jefferson Place in the heart of the CBD’s Golden Triangle. 

This location along “Restaurant Row”, a renowned dining, shopping and entertainment strip, is just two blocks south of Dupont Circle and is within walking distance to four Metrorail stations.   

 Most recently renovated in 2016, the Jefferson Building features average floorplates of 9,300 square feet, parking for 64 vehicles, and it is the only building in the CBD with premium full floor top floor availability that is under 10,000 square feet with four sides of glass. 

Jay Graham
The eight-story property is 87 percent leased to 12 tenants, including office tenants SNI/SI Networks LLC; International Center for Alcohol Policies; Relman, Dane & Colfax PLLC and London & Mead/Andrew J. Kline LLC, as well as The Palm, one of Washington, D.C.’s landmark restaurants.

The HFF investment advisory team representing the seller included Jim Meisel, Andrew Weir, Stephen Conley, Matt Nicholson and Dave Baker.

HFF’s debt placement team representing the borrower consisted of Dan McIntyre and Jay Graham. 

For more information, please contact: 

KRISTEN MURPHY
HFF Director, Public Relations
(617) 338-0990



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