Mixed-use
March 12, 2009
Savills L.L.C. has been exclusively retained by BentleyForbes to market the sale of The Watergate Office Tower, Retail Promenade and Parking Facility. The property is located in Washington, D.C.’s West End/Georgetown sub-market. The complex is a ten-acre, mixed-use development comprising of three residential towers, two Class A office buildings, a 200-room hotel that is currently under renovation, and an ancillary parking garage. The assets available for sale include: 2600 Virginia Avenue, a 198,538-square-foot class A office building, 2500 Virginia Avenue, a retail venue with a total accommodation of 66,034 square feet and a 314-space underground parking facility. The property is more than 90 percent leased.
Savills L.L.C. has been exclusively retained by BentleyForbes to market the sale of The Watergate Office Tower, Retail Promenade and Parking Facility. The property is located in Washington, D.C.’s West End/Georgetown sub-market. The complex is a ten-acre, mixed-use development comprising of three residential towers, two Class A office buildings, a 200-room hotel that is currently under renovation, and an ancillary parking garage. The assets available for sale include: 2600 Virginia Avenue, a 198,538-square-foot class A office building, 2500 Virginia Avenue, a retail venue with a total accommodation of 66,034 square feet and a 314-space underground parking facility. The property is more than 90 percent leased.
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