Standing eight stories tall, 3001 Washington Boulevard is a part of a two-tower office complex located in the Clarendon submarket of Arlington. The Class A property is comprised of offices and street-level retail space, and totals over 94,000 square feet of rentable space. In addition to four levels of underground parking, amenities at the complex include two restaurants, yoga and barre studios, a coffee shop, a hair salon and a common rooftop terrace. The property also has private terraces with city views on the fifth and eighth floors.
Located in the Washington D.C. metropolitan area, the office property is in close proximity to the Clarendon Metrorail Station and the Reagan National Airport. 3001 Washington Boulevard’s central location further allows tenants to take advantage of the short walk to The Market Common at Clarendon, an outdoor, mixed-use development, offering access to over 45 restaurants and numerous shopping options.
“We are pleased that FP1 Strategies has decided to make 3001 Washington Boulevard their new headquarters and are happy to have a 99% leased asset for the long term,” said Marc DeLuca, Regional President for KBS.
“This property’s dynamic location and unique amenities are incredibly attractive to tenants and provide great benefits for their employees,” said Stephen Close, senior vice president for KBS and asset manager for the property. “We welcome having another innovative company like FP1 Strategies join 3001.”
Michael Goldman and Kamis O’Farrell of MGA Company represented FP1 Strategies LLC and Steve Hoffeditz, Ed Clark and Wes Evans of Newmark Knight Frank represented KBS REIT III in the transaction.
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.