WASHINGTON, D.C. – Transwestern and Rappaport today announced they have been retained by Principal Real Estate Investors as the exclusive leasing agents for Washington Harbor’s 3000 and 3050 K Street, NW in Washington, D.C. Transwestern’s Tom Hilley, Peter Prominski, executive vice presidents, and Mary Fitzgerald, senior associate, will be the office leasing team on the project. Rappaport’s Henry Fonvielle, president; Jim Farrell, senior director of leasing and brokerage; and Jason Yanushonis, leasing and brokerage representative will be the retail leasing team.
“We are very excited and honored to have been chosen by Principal Real Estate Investors as the leasing team for Washington Harbour,” said Hilley. “With its prominent waterfront location and wide variety of restaurants, shops and other amenities, the Harbour is truly a one-of-a-kind, trophy-quality property. We’re looking forward to teaming with Principal Real Estate Investors to lease the office space.”
“Washington Harbour is renowned as a world-class retail destination in Washington, D.C.,” said Farrell. “We are thrilled to be associated with this premier asset and the ownership team and expect to continue to enhance the retail mix in Georgetown.”
3000 K Street, a 333,668-square-foot, Class A office building originally built in 1986, consists of 269,490 square feet of office space, 59,516 square feet of retail, a 2,146-square-foot fitness center and 2,516 square feet of space for storage and engineering.
3050 K Street, a 227,467-square-foot, Class A office building originally built in 1987, consists of 170,065 square feet of office space, 13,648 square feet of retail, 18,825 square feet of townhouse office space and residential space on floors five and size, as well as in the penthouse.
The two buildings provide tenants with 489 covered parking spaces, on-site banking and property management, a concierge, a convenience store, a courtyard, waterfront views, a fitness center and numerous popular restaurants such as Farmers Fishers Bakers, Sequoia and Tony and Joe’s.
The buildings are located adjacent to Rock Creek Parkway – an ideal connector to all suburban locations. There is also continuous shuttle service to the Foggy Bottom (Blue and Orange Lines) and Farragut North (Red Line) Metro stations.
ABOUT PRINCIPAL REAL ESTATE INVESTORS
Principal Real Estate Investors manages or subadvises $47.0 billion in commercial real estate assets. The firm’s real estate capabilities include both public and private equity and debt investment alternatives. Principal Real Estate Investors is the dedicated real estate group of Principal Global Investors, a diversified asset management organization and a member of the Principal Financial Group®.
ABOUT THE RAPPAPORT COMPANIES
For more than 25 years, The Rappaport Companies has provided retail leasing, tenant representation, property management, construction management, development, marketing, consulting and receivership services for retail space in shopping centers and mixed-use properties throughout Washington, D.C., Maryland and Virginia. Headquartered in McLean, Va., The Rappaport Companies’ portfolio includes retail space in urban and suburban locations owned by affiliates of Rappaport and by many local and institutional clients.
Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, development, research and sustainability. The fully integrated global enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. Transwestern facilitates better decision-making for clients by combining penetrating local market intelligence and macro-market research through its affiliate, Delta Associates. Transwestern has 33 U.S. offices and assists clients through more than 180 offices in 36 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. For more information, please visit www.transwestern.net and follow us on Twitter: @Transwestern.
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