3001 Washington Boulevard is an eight-story building
containing 94,837 rentable square feet in the Washington, D.C., metropolitan
area. This Class-A building is LEED Goldcertified for its environmental
performance and sustainable design. The building shares a parking garage,
courtyard and fitness center with 3003 Washington Boulevard, another KBS property
located adjacent to 3001 Washington. Additional onsite amenities include a
shared rooftop terrace at the 3003 building as well as two private exterior
balconies.
The property is conveniently located on Washington Boulevard
just south of highly travelled Wilson and Clarendon Boulevards in Arlington,
VA, with close access to Route 50. The property is less than a five-minute walk
to the Clarendon Metro Station and is central to various bus stations providing
tenants with access to local transportation. In addition, the area around the
property has over 45 restaurants, bars and coffee shops within walking
distance.
“We are looking forward to welcoming Compass’ staff to 3001
Washington Boulevard,” said Stephen Close, senior vice president at KBS. “The
complex in which the property is located provides a great live-work
environment, helping to support retention for existing as well as prospective
future tenants.”
Kyle Luby of Stream Realty represented Compass while Stephen
Hoffeditz, Edwin Clark and Wesley Evans of Newmark Knight Frank represented KBS
in the deal.
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements relating to KBS REIT III’s ability to invest in and manage a diverse portfolio, and the performance of 3001 Washington Boulevard and of the Arlington real estate market. These statements are subject to known and unknown risks, uncertainties and other factors which may cause KBS REIT III’s and/or 3001 Washington Boulevard’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.