Pacific House
Apartments
sq. ft. office
In partnership with Peak Companies
Developed by Pacific House, LLC, including Ernest Marcus as co-managing member.
Location
1615 New Hampshire Avenue, NW
Washington, DC
- Awarded project after competition through tenant group which had first right of refusal to purchase through local D.C. law, including negotiation with tenant group to obtain condominium conversion for residential and office condominiums
- Complex due diligence, including obtaining Certificates of Occupancy for office tenants which were not in place
- Successful marketing of office condominium project, a market niche in D.C.