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Investment Highlights
- Ground floor conference facility
- Spa-quality fitness center
- Proximity to Washington Convention Center
- Rooftop terrace with exceptional views
- Expansive interior event spaces
- Thriving 14th Street retail and residential corridor
Executive Summary
Ownership continues to institutionally maintain the asset, including the expansive ground floor conference facility, and spa-quality fitness center. New ownership will have the opportunity to acquire a complete, new office building well below replacement cost and no near-term capital requirements.
Located at the confluence of the two largest and mature downtown office submarkets, the East End and Central Business District, 1441 L is surrounded by notable corporate tenants, leading universities, embassies, and the thriving 14th Street retail and residential corridor. Adjacent to Midtown Center’s premier food and beverage offerings, marquee tenants such as Fannie Mae, ArentFox Schiff, Freshfields, Bain Capital, Pillsbury, J.P. Morgan, and Sidley, are drawn to the vibrant neighborhood that offers proximity to Washington, D.C. ’s Convention Center, 6,000 hotel rooms, 6,300 residential units, and several Michelin Star restaurants. These dynamics position the Midtown micromarket to outperform the broader office market as tenants continue to seek occupy office space in amenitized, mixed-use neighborhoods.
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Property Facts
Amenities
- Conferencing Facility
- Fitness Center
- Roof Terrace
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
Major Tenants Click Here to Access
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Catalonia Trade & Investment gives comprehensive advice to foreign companies to facilitate the investment of new multinationals in Barcelona-Catalonia (Spain) while helping those already present carry out expansions and reinvestments. Tasks range from the promotion of Catalonia abroad, the joint preparation of candidacies for companies to carry out investments in Catalonia, to full advice throughout the investment process and monitoring once the investment has been implemented.
Clean Rivers has assembled a high-caliber team that combines international design-build tunnel expertise with local experience. The team members, who are leaders in their respective fields, have designed nearly 200 water and wastewater tunnel projects and constructed over 40 of them. They have collaborated with numerous entities worldwide on these impactful and sustainable projects. CBNA, the U.S.-based subsidiary of Bouygues Construction, recognized as the world leader in complex tunneling, is undeniably the most experienced design-builder to lead this highly accomplished team. The team integrates skilled tunnel experts with highly competent local professionals, all of whom are deeply motivated to deliver the PRT Project.
The National Academy of Social Insurance (NASI) is a nonprofit, nonpartisan organization made up of the nation's leading experts on social insurance. Its mission is to advance solutions to challenges facing the nation by increasing public understanding of how social insurance contributes to economic security. Social insurance encompasses broad-based systems that help workers and their families pool risks to avoid loss of income due to retirement, death, disability, or unemployment, and to ensure access to health care.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 | |
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Construction | - | - | - | Jan 0000 | |
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Professional, Scientific, and Technical Services | - | - | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $101,297,820 CAD | |
| Land Assessment | $84,940,778 CAD | Total Assessment | $186,238,598 CAD |
Property Taxes
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1441 L | 1441 L St NW
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