The East End/Penn Quarter Development is Finally Complete & Ready for Occupancy
Douglas Development celebrated the delivery of its highly anticipated 1000 F Street development last week with a rooftop party for the commercial real estate community to showcase their latest trophy asset. After touring the site earlier this summer when it was just a construction zone, I arrived at the unveiling with high expectations, eager to see the final product. Following a private walk-through of several key floors, the cocktails started flowing, cigars were lit, and the chatter began to rouse, all with overwhelmingly positive praise for the latest achievement.
Designed by acclaimed architectural firm, Shalom Baranes, the 95,000 SF boutique office building stands out amongst its East End/Penn Quarter peers given its size, location and unique blend of historic and modern architecture. The new construction was carefully built around the 2-story historic brick structure on the corner of 10th & F Street whose facade and interiors are integrated into the lower floors of the new development.
The new building features 10 stories of office space, each ranging from 6,500 to 10,000 SF. The 2nd and 3rd floors are perhaps the most intriguing for creative users because of the grade change between the historic structure and the new building. As depicted in the picture below, there is a platform that was initially part of the historic building that splits the 2nd and 3rd floors, creating a staggered footprint like a split-level home not seen in many office buildings. The 20,000 SF space will likely be leased by one tenant, and contains exposed brick walls and loft-like 13’ ceilings heights along the platform section.
Floors 4, 8 and 10 feature private balconies on the east side of the building overlooking 10th street. Tenants will also be able to enjoy a rooftop terrace with unobstructed views down to the National Mall and Capitol. Other building amenities include a fitness center with locker rooms, showers, a secured bike room and two levels of parking.
It should also be noted that unlike most buildings with a center core, the elevator bank at 1000 F Street is situated on the southwest portion of the floor allowing for a more efficient layout. This is vital in buildings with small floorplates so tenants can maximize their occupancy. Tenants as small as 6,500 SF can enjoy their own floor with floor-to-ceiling glass and unlimited branding opportunities
Located just two blocks north of Pennsylvania Avenue and within a 1-2 minute walk of 4 major metro stations (Metro Center, Gallery Place/Chinatown, Archives and Federal Triangle), the area is prime real estate, which is reflected in the asking price. Tenants can expect to pay well into the $80’s and $90’s per square foot, full service depending on the floor.
If you are looking for prime space with character, elegance and branding opportunities, then contact us by clicking here to tour this building and others like it!!
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Savills North America | 399 Park Avenue | 11th Floor | New York, NY 10022