Iconic Watergate property to undergo extensive renovations
JLL (NYSE: JLL) announced today that it has been retained by Bradley Holdings to lease 600 New Hampshire Avenue, one of Washington, DC’s most prestigious office buildings located in the internationally renowned Watergate Complex.Approximately 70,000 square feet of top floor view space will be available for lease.
“The distinctive design, panoramic views and park-like setting position 600 New Hampshire Avenue as a one-of-a-kind opportunity for office tenants in the Nation’s capital,” said Amy Bowser, Managing Director, JLL. “We’re honored to have been selected and look forward to reintroducing this iconic asset to the DC market.”
“We were impressed with the JLL team’s energy and enthusiasm for Watergate 600,” commented Katherine Bradley, of Bradley Holdings, which owns the property. “We are confident they are uniquely positioned to share all the best attributes of our office building with the tenant and brokerage communities.”
Bradley Holdings plans extensive renovations, which include a redesigned lobby, common area enhancements, a modern fitness facility, entertainment spaces, secure bicycle storage and an expansion to and upgraded menu for Campono, the building’s café run by award winning chef, Tracy O’Grady.
“The expansive lobby renovations and addition of first-class amenities will only enhance the building’s position as one of the premier properties in the District,” said Seth Benhard, Senior Vice President at JLL, who is co-leading the project’s leasing team with Bowser.
600 New Hampshire Avenue was built in 1972 as part of the 10-acre Watergate complex. Designed by famed Italian architect Luigi Moretti, the project was the first mixed-use development in the District. The adjacent Watergate hotel is poised to reopen having just completed a $125 million renovation. It will feature the anticipated Kingbird restaurant.
Located adjacent to the John F. Kennedy Center for the Performing Arts and a short walk from both Georgetown’s shops and restaurants and Metro’s Foggy Bottom station (serviced by orange and blue lines), 600 New Hampshire Avenue includes approximately 300,000 square feet across 12 stories. It offers expansive views of the Potomac River and the skylines of Georgetown, Rosslyn and downtown Washington, DC from office suites, private balconies and a rooftop terrace. The building also enjoys ease of access to the entire region via Interstate 66, Route 50, the George Washington Parkway, the Whitehurst Freeway and Rock Creek Parkway.
About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 280 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $58.3 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
