A joint venture comprised of Nuveen and Norges Bank Investment Management has completed the $18 million renovation of the Franklin Square office building in Washington D.C.
Located at 1300 Eye St. NW, the 485,000-square-foot building was fully renovated to include a new three-story glass entrance, contemporary lighting and glass, collaboration areas, modern artwork, an in-lobby barista-operated café, additional security measures, new elevator cabs and elevator mechanical systems. Work also include the addition of a 10,000-square-foot conference facility, six conference rooms, breakout areas and a 5,000-square-foot fitness facility.
Will Stern, Eli Barnes, Lauryn Harris and Alston Offutt of Avison Young have served as leasing representatives for the building since 2006. At the time of renovations, there was 135,000 square feet of available space at the property.
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.
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