WASHINGTON, DC—1800 K St., NW, a 217-070-square foot office building owned by Deutsche Asset & Wealth Management will undergo a $40 million renovation, with a delivery date scheduled for the first quarter of 2016.
The renovation will include a new floor-to-ceiling glass façade along both K and 18th streets. Windows will be installed along the southern façade of each floor and the lobby will undergo a complete redesign, including moving the lobby floor down to street grade. Elevators and mechanical systems will be upgraded and a rooftop terrace and tenant-only fitness center will be added.
CBRE's Scott Frankel, Andrew Felber, Mark Klug, and Max Friedman provide landlord representation and leasing services for the building.
Last November 1800 K St. became the first building in the world to earn certification through the new, more stringent LEED v4 Operations and Maintenance: Existing Building rating system. It also became the second project in the world to obtain any of the 21 various rating system adaptations available under LEED v4. Deutsche Asset & Wealth Management pursued the LEED certifications for the building as part of a portfolio improvement program.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
