Newmark Grubb Knight Frank (NGKF) announced today that it was appointed by WC Smith as the exclusive leasing agent for 1100 New Jersey Avenue, SE. Brendan Owen, George Vogelei, Rafael Notario and Morgan Monroe of NGKF will handle the leasing of the office building in Washington, DC’s Capitol Riverfront. The building currently has suites available ranging from 2,400 to 23,357 square feet. An additional 93,081 square feet - the fourth, fifth and sixth floors - will be available in September 2018.
“Office spaces in the Capitol Riverfront neighborhood are often overlooked, but 1100 New Jersey has already received great attention by tenants in the market since we were brought on. Tenants are drawn by the rapidly expanding retail presence nearby, and they’re realizing and will continue to realize the value, the convenience and the prevalent after-work options this area offers,” said Vogelei.
Owned and managed by affiliates of WC Smith, the 10-story, 297,000-square-foot building has four sides of glass with panoramic views of the US Capitol, Canal Park, Nationals Stadium and the Potomac River. The Class A building’s onsite amenities include a newly renovated lobby and a soon-to-be-delivered tenant-exclusive fitness center. In addition, the building has convenient onsite retail including Capital One Bank, CVS Pharmacy, Five Guys and Subway. The LEED Certified Canal Park directly across 2nd Street offers seating and lunch options at the onsite Il Parco pizzeria or from a variety of popular food trucks. Water features in the summer, skating rink in the winter and year-round community events make Canal Park an attractive and upscale communal area. With new public areas including Canal Park and The Yards Park, new retailers including Circa and Shake Shack, and venues including the Nationals Ballpark and the soon-to-be-built DC United Stadium, Capitol Riverfront is one of DC’s most popular destinations.
“1100 New Jersey is a highly-amenitized building with immediate access to the Metro, Capitol Hill and major thoroughfares including I-695, I-395 and Suitland Parkway. It’s also just around the corner from Nat’s Park, BlueJacket Brewery, Osteria Morini and soon, Shake Shack,” said WC Smith’s Executive Vice President, Edward Wolynec. “We are seeing great leasing momentum in the building which reflects the change in the market’s, appreciation of the growth and continued promise of The Capitol Riverfront. Non-profits such as the Intelligent Transportation Society of America and Michigan State’s Government Affairs Office are recent tenants. Healthcare industry firms including Maxim and Trusted Health recently made 1100 New Jersey their DC home and perhaps most significantly, our anchor tenant, Alion Science and Technology, recently renewed its lease.”
About WC Smith
WC Smith is a multidisciplinary real estate firm based in Washington, DC. Their holistic approach to real estate development and firm ground in Washington have helped inform the model they use to create lasting, healthy communities and neighborhoods in the District. WC Smith invests in the viability and sustainability of the communities they create by building and maintaining relationships with tenants and owners, and focusing on the long term success of their properties. The thoughtful approach to property management and community development makes WC Smith a reliable and esteemed real estate firm in the DC area. The Smith Company owns / operates 10,000 units and has over $950 million of development under way in The District. For more information, visit http://www.wcsmith.com/.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.