Market Square

Well-executed renovations and a partnership with an industry leader have re-established Market Square as one of D.C.’s premier office addresses.

Market Square, which curves majestically around the U.S. Navy Memorial on Pennsylvania Avenue, has long been the icon of D.C. office space. As proof of Market Square's command in the market, Columbia has signed more than 100,000 square feet of leases at the property in the last year, including a sizable recent renewal and expansion with UnitedHealth Group. The property now boasts more than 20 FORTUNE 500 companies among its roster of tenants, and Blackstone Property Partners invested in the building as a 49% partner in 2015.

With a new marketing center, updated lobby and best-in-class fitness center completed, as well as spec suites under development, Market Square is well positioned to capitalize on market opportunities.

 

Total square feet represents 100% of Market Square. Columbia owns a 51% interest in the Market Square joint venture, which equates to 356,000 square feet for calculation of financial performance measures.

  • MSA / Submarket
    Washington, D.C. / East End
    Total Rentable SF
    698,000
  • Year Built / Renovated
    1990 / 2016
    Year Acquired
    2011
  • Major Tenants
    Edison Electric Institute; Mintz Levin; United Healthcare
    Leased
    77.2%
701 & 801 Pennsylvania Avenue
Washington, D.C. 20004

PROPERTY MANAGEMENT

Corwin Holland
202.594.3315
corwin.holland@columbia.reit

Carly Boyce
202.594.3313
carly.boyce@columbia.reit

LEASING CONTACT

JLL
Doug Mueller
202.719.5594
doug.mueller@am.jll.com

Evan Behr
202.719.5642
evan.behr@am.jll.com

 

ASSET MANAGEMENT

Mark Witschorik
202.750.1800