1211 Connecticut Ave, NW

WASHINGTON, DC

*purchased while senior management team at First Potomac Realty Trust

Property Overview

  • Located in the Washington DC CBD, located between two Metro stations (Farragut North and Dupont Circle)
  • Mid-block Class B Office Building
  • 130,000 square feet / eight-story building
  • Washington Sports Club is the retail anchor
  • Front of the building offers views of Longfellow Park, while some of the rear views are of St. Matthews Cathedral

Acquisition Details

  • Acquired the property in December 2010 for $49.5M ($380psf)
  • Building was 70% leased at time of acquisition

Execution

  • Completed a $6.5M renovation which included updated common areas, restrooms, HVAC system, building lobby and street level retail facade
  • Increased rents from the low $40’s psf to low $50 psf

Property Size: 130,000 SF

Details

Location

1211 Connecticut Ave, NW
WASHINGTON, DC

About DSC Partners

DSC Partners LLC is a real estate investment and development company that creates value through acquisition and enhancement of commercial properties in dynamic markets.

Founded by long-time DC real estate veterans Douglas J. Donatelli and Nicholas R. Smith, the company’s integrated approach to real estate investment optimizes long-term, risk-adjusted returns.

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Our Location

440 1st Street, NWThree Flint Hill