Following are brief descriptions of some of our recent and current projects. Please contact us for more details on these and other properties.
The Wharf (Southwest Waterfront, Washington, DC)
Overview: A $1.5 billion development comprising 3.2 million square feet of mixed-use “trophy” assets that has transformed the Southwest waterfront into a vibrant living, cultural and employment center in downtown Washington, D.C. When fully complete, the project will include over 1,300 condominium and rental residences, 960,000 square feet of office space, 358,000 square feet of retail space, 3 hotels comprising 690 rooms, 450 boat slips and 10 acres of public parks and community spaces. Phase I, comprised of 502,000 square feet of trophy and class A office space, 202,000 square feet of retail, 761 condominium and rental residences, 3 hotels – Intercontinental, Hilton and Hyatt – including 690 rooms, 450 boat slips, and The Anthem – a 6,000 person state of the art performance venue, successfully delivered in October 2017.
The Residences at Waterfront Park (Southwest Waterfront, Washington, DC)
Overview: A five-story, 107-unit luxury residential condominium development overlooking Waterfront Park and the Potomac River just a few blocks from the National Mall. At the footstep of this project are an abundance of amenities including The Wharf, Arena Stage, a national center for the performing arts, expansive park space covering three acres along the shoreline, and the Waterfront Metrorail Station. This project was successfully completed and sold out in 2017.
Class A Multifamily Tower (Southwest Waterfront, Washington, DC)
Overview: Currently under construction, this LEED Gold-Certified, Class A multifamily tower will include 173 residences located in the Southwest Waterfront district of Washington, D.C. directly across the street from The Wharf, a 3.2 million square foot transformative mixed-use project on 24 acres of land with approximately one mile of waterfront.
Crest of Alexandria (Alexandria, Virginia)
Overview: Acquired in 2017 and currently under construction, the Crest of Alexandria is an active adult community located in a close-in suburb of Washington, DC near Old Town Alexandria. When completed, the project will comprise a mix of 259 homes to include condominium apartments, townhomes, and detached homes. 888 Realty Investors is participating in the construction and sale of 77 homes in the community including all of the detached homes and some of the townhomes.
Monroe Street Market Townhomes (Brookland, Washington, DC)
Overview: This urban infill development project contains 45 townhomes in the heart of Monroe Street Market, a highly successful mixed use development in the Brookland neighborhood of Washington, DC. This project was successfully completed and sold out in 2017.
Avemore Apartments (Charlottesville, Virginia)
Overview: A $45 million, 280-unit apartment project located in the burgeoning Pantops neighborhood of Charlottesville, Virginia.
Westside at Shady Grove Metro (Rockville, Maryland)
Overview: Successfully completed in Q4 2017, The Daley consists of 333 luxury apartments, 17,000 square feet of retail space, and structured parking for 466 cars and a luxury amenity package featuring a state-of-the-art fitness center, yoga studio, clubroom with dining, swimming pool and lounging areas. This project is part of a 45 acre public-private master planned community that, when fully developed, will include 1,100 apartment units, 400 for sale townhomes, 37,000 square feet of retail, 130,000 square feet of office space and a site for a public library. The project is conveniently located at the Shady Grove Metro station.
6406 Arlington Boulevard (Falls Church, Virginia)
Overview: Successfully completed in Q3 2017, The Loren exceeds the National Green Building Standard and contains 185 Class A rental apartments, 14,800 square feet of ground floor retail, structured parking for 255 cars, and 9,000 square feet of amenity space including a state-of-the-art fitness center, business center, resort style swimming pool and club room among other features. Situated inside the Beltway, just west of the intersection of Arlington Boulevard (US Route 50) and Leesburg Pike (VA Route 7), this project provides excellent access to major employment centers and destinations in the Washington metro area.
The Metropole Condominium (Logan Circle, Washington, DC)
Overview: Two commercial condominium units comprising a Colonial Parking Garage and Vida Fitness Center, a state-of-the-art fitness facility featuring cutting edge equipment, endless pools, personal trainers, Aura Spa, Bang Salon and luxurious locker rooms. This project is located between Dupont Circle and Logan Circle in the lively 14th Street Corridor on a block of P Street that is arguably the best combination of urban living and retail attractions in the city.
St. Thomas Church (Dupont Circle, Washington, DC)
Overview: Acquired in 2017 and currently under construction on the site of the St. Thomas Episcopal Church are two buildings, a LEED certified apartment building to include 51 luxury residential units and a condominium building containing 9 expansive residences, with underground parking located in the historic Dupont Circle neighborhood of Washington, D.C.
8415 Fenton Street (Silver Spring, Maryland)
Overview: Completed by Grosvenor Development in 2017, Central contains 243 residences and 16,000 square feet of prime retail space located in the heart of Downtown Silver Spring directly across the from the Whole Foods Market, Montgomery County’s new Silver Spring Public Library (currently under construction) and the new Purple Line Metro Station (under construction). 888 Realty Investors participated in the pre-development/entitlement phase of this project before it was sold to Grosvenor Development in 2013.
Premier Tech Center (Richmond, Virginia)
Overview: Acquired in 2016, this Class B+ office building consists of 142,015 rentable square feet and is located in the most vibrant of Richmond’s three major office-market areas. The building has received many upgrades since acquisition and is fully stabilized with a robust tenant mix that include Zerox, FDA (GSA), Viriginia Tech, and University of Virginia.
Dulles Marriott Suites (Herndon, Virginia)
Overview: A 10-story, 253-room hotel (currently the Washington Dulles Marriott Suites), with $4.5 million of improvements made to the hotel since acquisition.
733 Tenth Penn Quarter (Washington, DC)
Overview: Completed in 2011, 733 Tenth is a landmark office building which combines green building principles and modern conveniences to create an inspiring work environment featuring sweeping views on all sides. The building includes 171,000 square feet of Class-A office and retail space located in the business and cultural heart of D.C’s Penn Quarter with immediate access to the largest metro station in the system. 888 Realty Investors participated in the early development phase of the project before the project was sold to Skanska USA.
Class A Office Buildings (Harrisburg, Pennsylvania)
Overview: Two Class A Office Buildings and a Class B Office Building comprising a total of 132,982 rentable square feet constructed in 2009, 2008 and 1988, respectively, with recent improvements to the latter including HVAC upgrades and renovation of common areas. The buildings are ninety-five percent (95%) leased to a robust mix of tenants and are located within a short drive to downtown Harrisburg.
Northern Exchange Condominium (14th Street Corridor, Washington, DC)
Overview: A 35 unit loft condominium project developed within the shell of a historic building on a prominent corner in the burgeoning 14th Street Corridor between Logan Circle and Columbia Heights. This highly desirable neighborhood has experienced strong residential demand due to its strategic location and an explosion of new restaurants, retail shops, and developments. The project fully sold out and achieved record setting prices in 2013.
Edmonds School Condominium (Capital Hill, Washington, DC)
Overview: A 25 unit condominium project developed within the shell of a historic schoolhouse building in the heart of Capitol Hill just a short walk to Eastern Market and the popular H Street Corridor. Units feature the character of the original building details, including restored brick walls, large windows, dramatic 13 foot ceilings and double height spaces up to 18 feet tall. The project is fully sold out above projections.
The Holm Condominium (Logan Circle, Washington, DC)
Overview: A 38 unit condominium project developed on the northwest corner of 11th and Rhode Island Avenue, NW. Located two blocks from Logan Circle in one of the District’s most popular urban neighborhoods, this project will benefit from the limited supply of new condominiums and its proximity between the lively 14th Street and 9th Street Corridors. This project was converted to multi-family in early 2015 whereupon 888 Realty sold its interest achieving excellent returns for its investors.
Towson Green Townhomes (Towson, Maryland)
Overview: This urban in-fill project known as Towson Green includes 120 townhomes in the heart of downtown Towson within a few blocks of Towson University, Towson Town Center Mall, and popular restaurant and retail shops of downtown Towson. This project fully sold out in the first quarter of 2016.
Uptown at Murray Hill (Annapolis, Maryland)
Overview: A stylish new community consisting of 23 townhomes, 2 duplex homes and five detached homes located in the heart of historic Annapolis, just steps from the colonial city’s attractions, trendy restaurants and chic boutiques. The project fully sold out before completion in the summer of 2013.
Lorton Station Town Center (Lorton, Virginia)
Overview: Built in 2006, Lorton Station Town Center is a 51,806 square foot shopping center that is 100% leased to a variety of strong retail tenants. Located adjacent to the Virginia Railway Express Station and in the center of a 300-acre transit-oriented, master planned development comprised of 1,200 residences, 170,000 square feet of office and retail space, this project also benefits from its close proximity to Fort Belvoir, a major US Army base that was recently expanded due to the Base Realignment and Closure Act (BRAC) of 2005.
Culpeper Marketplace (Culpeper, Virginia)
Overview: Cupeper Marketplace is a 95,447 square foot shopping center built in 2006 and located in the heart of Culpeper’s retail corridor on Business Route 29 (James Madison Highway). The center is anchored by a 68,725 square foot Kohl’s department store and was 100% leased when sold in Q4 2016.
Rutherford Crossing (Winchester, Virginia)
Overview: Rutherford Crossing consists of four multi-tenant buildings with a total of 79,947 square feet of leasable space located on the north side of Winchester at the intersection of I-81 and Martinsburg Pike. The project is over 95% leased and is well positioned to benefit from the phase II opening of a new Lidl grocery store to anchor the development.
Riverton Commons Shopping Center (Front Royal, Virginia)
Overview: Built in 2007, Riverton Commons contains about 400,000 square feet of retail on 13.5 acres at the major interchange of I-66 and Winchester Road in Front Royal. The Center is anchored by Walmart and Lowes which generate substantial traffic for the in-line retail business and free standing pad sites. The Center was acquired in Q3 2017.
Manokeek Village Center (Accokeek, Maryland)
Overview: Built in 2004, Manokeek Village Center is a thriving grocery-anchored retail shopping center situated on 23.5 acres of land and comprising 90,712 square feet of leasable space. The property is located in Accokeek, Maryland, just south of Washington, DC and only a few minutes drive from the National Harbor.
Signal Hill Shopping Center (Manassas, Virginia)
Overview: Acquired in 2016, Signal Hill contains 109,781 rentable square feet of grocery anchored retail along the vibrant Liberia Avenue Corridor in Manassas. Located next to a high volume Super Walmart, Signal Hill contains a synergistic mix of dynamic retailers including Gamestop, Glory Days Grill, Panera Bread and Chick-Fil-A.
1519 Wisconsin Avenue, NW (Georgetown, Washington, D.C.)
Overview: A fully renovated 5,400 square foot building with prime retail exposure in one of the most desirable retail corridors in Washington, D.C. The building is 100% leased to a popular yoga studio, nail salon, and the highly acclaimed David Rios Salon & Spa.
Mill Centre (Baltimore, Maryland)
Overview: A complex of 100-year old industrial buildings converted into 80,000 rentable square feet of fully leased office and studio space situated on approximately 4.17 acres of land in the Hampden neighborhood of Baltimore.
Westview Corner Shopping Center (Frederick, Maryland)
Overview: A 3.5 acre site improved by three buildings – two lines of retail bays plus a free-standing bank (sold in 2013) – comprising 25,000 square feet. Westview Corner, which was built in 2008, has an ideal mix of tenants that includes a FedEx Office, Columbia Bank, Jimmy John’s, and Smoothie King.
Pinefield South Shopping Center (Waldorf, Maryland)
Overview: A 7.9 acre site improved by a 71,400 square foot retail shopping center located at the north end of Crain Highway (Rt. 301), the primary shopping corridor in Waldorf. The project is over 95% leased to a strong mix of national retail tenants and a popular local barbeque restaurant.
Medical Office Building (Hampton, Virginia)
Overview: This 35,200 square foot medical office building is located within one mile of the area’s major hospital and directly across from the highly acclaimed Hampton University Proton Therapy Institute and was sold in 2016.
Premier Medical Center (College Park, Maryland)
Overview: This 45,059 square foot medical office building located near the intersection of the Capital Beltway (I-495) and the Baltimore-Washington Parkway in the Greenbelt-College Park community of Maryland, a close-in Washington suburb was sold in 2017 exceeding projections.