2001 L STREET, NW    Washington, DC


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    2001 L St 2015 11
    2001 L Street, Fox Architects
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    2001_L-3
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    2001 L Street 2015 9
    2001 L Street, Fox Architects
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    2001 L St 2015 12
    2001 L Street, Fox Architects
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    2001 L St 2015 8
    2001 L Street, Fox Architects
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    2001 L St 2015 5
    2001 L Street, Fox Architects
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    2001 L St 2015 6
    2001 L Street, Fox Architects


 

Case Study

Source of Acquisition: Off Market
RBA (Sq. Feet): 167,000
Property Type: Office
Equity Partner: Heitman
Acquisition Price: $61,000,000
Projected IRR: 18% (+)

Comments

The was transformed by relocating its lobby, creating new office and retail space on the first three floors and installing a three story glass curtain wall. All major building systems and common areas were  renovated to Class “A” standards.