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NEWS - Press Releases
10/14/2008 - Woodmark Announces the Sale of 2021 L Street, NW to the American Society of HematologyNicole Leombruno
Woodmark Commercial Services, LLC announced today the sale of 2021 L Street, NW, a 75,457 square foot, 10 story, Class A office building. The purchaser was American Society of Hematology.
Woodmark Principal, Geoffrey Kieffer, commented, “Market demand for Class A buildings available for purchase by non-profits remains high in the District, especially for users under 80,000 square feet.”
2021 L Street Investors, LLC acquired the building from the NFL Players Association in June 2007. The private ownership group led by Mark Rivers of Potomac Development Partners, LLC completely renovated the building this year, including the addition of two floors, new mechanical, electrical and plumbing systems, and a new façade on the North and South facing walls. Woodmark handled the sales on behalf of the seller, initially marketing the project as office condominiums on a floor-by-floor basis.
The American Society of Hematology, represented by Paul Ehrenreich of Cresa Partners, will commence tenant improvements for occupancy in the latter half of 2009. They will occupy the top five floors.
About The J Street Companies
The J Street Companies through affiliated companies Randall Hagner, J Street Development and Woodmark Companies, offer a complete array of real estate services including commercial sales and leasing, residential sales, property management, development, project management and capital markets.
Nicole Leombruno
202-339-6225