What’s Different is Now Under Wraps at 15th and M NW – but Coming Soon
MRP Realty (MRP), developers and managers of commercial, residential, mixed-use, and industrial real estate across the Mid-Atlantic region, has big plans to unleash a new services brand. The first location to be served by the brand will be 1501 M Street, NW in DC’s Midtown business district.
MRP is launching a disruptive hotel-style approach to office services, enhanced with top-notch activation of building spaces and common areas. This offering is spun from MRP’s existing service platforms which have grown over the past 14 years. MRP Property Management currently oversees 10 million square feet of office space in three markets, and MRP is also an owner of Make Offices, a co-working company with 15 locations and over 4,000 members.
In addition, MRP manages over $100 million dollars in construction annually, and provides asset management services to owned assets. These components will serve as the jump point for an entirely separate new white-glove services brand, to be unveiled in 2019. This brand will redesign and upgrade services at individual properties on a case-by-case basis, provide distinguished experiences for customers and guests, and offer a new level of execution and service specific to the needs of each property.
“We are re-training our team to look at service in a completely different light,” says Allison Johnson, MRP’s Managing Director. “The shift will be evident when we unveil the brand at 1501 M Street, NW, but this is not just an addition of amenities. It’s a new thought process altogether. We are upending traditional property management services, starting with the people providing them. In today’s world, our property managers are more than just property managers -- and it’s the right time to showcase that with a new program.”
Designed by Hartman-Cox Architects and built in 1991, 1501 M Street is an 11-story, 170,311-square-foot Class A office property located in Washington D.C.’s Midtown business district, just five blocks north of the White House. Conveniently located amidst a shifting neighborhood, this property will take a lead in Midtown among the emerging dynamic programming along the 15th Street corridor.
“Pop” by to see the beginning stages of this new brand, which will redefine the workspace and neighborhood at 15th and M Streets on the 15th Street retail level. The first piece of the re-programming at this property will be the April 25, 2019 opening of the first co-retailing location in DC: Poppir Place.
“We are lucky to have Poppir as a partner in our efforts with our new brand and 1501 M Street, NW,” adds Johnson. “As former MakeOffices members, they understand our entire ecosystem -- and they have grown into a creative, visionary group that understands where we are headed with this next chapter.”
About MRP Realty:
Founded in 2005, MRP Realty is a real estate operating company focused on opportunistic and value-add investment in the northeastern United States, with offices in Washington, D.C., Maryland, Virginia, Pennsylvania, and New York City. MRP provides to its institutional capital partners a full array of real estate services including: acquisition/disposition, development/construction management, property management, asset management and financial reporting services.
ABOUT POPPIR
Poppir is committed to connecting emerging and established companies to short-term commercial rental space. With a steadily growing inventory of diverse properties, Poppir strives to be the premier centralized marketplace for under-utilized real estate. Through unwavering commitment to accessibility, Poppir makes properties that once felt unattainable a reality for business owners, big and small. To start your own pop-up experience, please visit us online at poppir.com.
