Location: Washington D.C. Property Type: Office Size: 274,506 SF Date Acquired: 10/19/07
Property Overview
Purchased in October of 2007 in a joint venture with the Carlyle Group, 1200 New Hampshire is an eight story Class A office building. Located on New Hampshire Avenue between 21st and 22nd streets and M and N streets, the asset retains a prime West End location. The property is 99% leased. Since acquisition, Aion has secured Board of Zoning approval to increase FAR, allowing for an additional 10,000 sf of leasable space at 1200 NH Avenue. The partnership has also secured a tenant for the to-be-built retail space, which is expected to be completed and occupied in late 2010.