Grosvenor Americas Inks 10-Year Lease Extension with Steakhouse Medium Rare
Developer and investor Grosvenor Americas has secured a 10-year lease extension with Medium Rare at the steakhouse’s flagship location at 3500 Connecticut Ave., NW. in Washington D.C.
Since opening the Connecticut Avenue location in 2011, founders Mark Bucher, Steve Abramson and Thomas Gregg have opened two additional locations in Bethesda and Arlington. Brad Buslik with H&R Retail managed the 10-year lease extension at 3500 Connecticut.
“We are very pleased for Medium Rare to continue operating at our Cleveland Park property, an important part of the fabric of the local neighborhood. In addition to serving delicious food, the team behind Medium Rare shares important values that align with Grosvenor’s ethos,” said Jessica Sawyer, Investment Manager at Grosvenor Americas. “The team offers a fun, friendly and relaxed atmosphere for restaurant patrons while continually finding innovative ways to give back to the local community and help those most in need.”
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector.
Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA.
David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.