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NEWS - Press Releases
07/19/2012 - J Street Companies Arranges Sale of Jefferson Court in GeorgetownThe J Street Companies today announced its representation of the seller, N.S.P. Ventures Corp., in the sale of 1025 Thomas Jefferson Street, NW (Jefferson Court), in the Georgetown area of Washington, DC for an undisclosed price. Jefferson Court was acquired by The JBG Companies’ Fund VIII.
Built in 1984, Jefferson Court is a 316,749 square foot office building located across from the Potomac River and Washington Harbour and within steps of all of the amenities of Georgetown. The project features twin courtyards landscaped with fountains and seating areas and a new tenant-only fitness center. Tenants include the Urban Land Institute, law firms and other nonprofit and private organizations. Current on-site amenities include a landscaped courtyard, private balconies, a fitness center and a Metro shuttle.
J Street, who has managed and leased the property for the past 15 years, will continue to handle the leasing for the building. Available suites at Jefferson Court range in size from 2,958 square feet to a full floor of 53,455 square feet.
J Street and N.S.P. Ventures Corp. extend their appreciation to HFF, who co-represented the seller in this transaction.
About The J Street Companies
The J Street Companies offers a complete array of real estate services including commercial sales and leasing, residential sales, property management, development and project management. J Street manages more than 4 million square feet of commercial and multi-family property and has an experienced project management team that has managed over 8 million square feet of tenant build outs and base building construction. Since 2000, the company has accomplished more than 500 leasing and investment sales transactions with an aggregate value of more than $1 billion. For more information on the J Street Companies, please visit us at www.jstreetcompanies.com.
Karen Widmayer
202-857-4370
kwidmayer@jstreetcompanies.com