Brookfield Properties’ 1225 Connecticut Ave. in Washington, DC Earns LEED Platinum Certification

Brookfield Properties Corporation announced that its recently redeveloped 1225 Connecticut Ave. office building in Washington, DC has earned LEED Platinum certification – the industry’s highest rating for environmental sustainability. It is the first redeveloped office building in the Eastern United States to achieve LEED Platinum certification. The following building features facilitated the LEED-CS (Core & Shell) Platinum rating from the... 

The World Bank Group Leases 100% of Office Space at Brookfield Properties’ 1225 Connecticut Avenue in Washington, DC

Brookfield Properties Corporation announced that the World Bank Group has signed a ten-year lease for 100% of the office space at 1225 Connecticut Avenue in Washington, D.C. totaling 227,000 square feet. The World Bank will begin to occupy the premises in the late winter/early spring of 2010. “This long-term agreement with the World Bank is a major achievement for our U.S. operations, and another example of the enduring strength of the DC office... 

URDANG and Onyx Equities Sell White Plains, NY, Office Building for $82 Million

URDANG, part of BNY Mellon Asset Management, and Onyx Equities, LLC, have completed the sale of a 320,000-square-foot office building in White Plains, New York, for $81,775,000. The multi-tenant, fully occupied building at 1311 Mamaroneck Avenue had been part of the URDANG Value-Added Fund, L.P. portfolio, a real estate investment vehicle formed by URDANG Capital Management, Inc. to acquire a portfolio of value-added properties located throughout... 

Washington Real Estate Investment Trust Acquires The Kenmore for $58.3 Million

Washington Real Estate Investment Trust has acquired The Kenmore, a 374-unit, 270,000 square foot apartment building located in Washington, DC for $58.3 million. The property is located at 5415 Connecticut Avenue, proximate to the intersection of Connecticut Avenue and Military Road, a half mile south of Chevy Chase Circle in the established, affluent Upper Northwest submarket in close proximity to Friendship Heights and Chevy Chase. The property...