1625 Eye Street

Avison Young Completes 140,000 SF of Leasing in 18 Months at Newly Renovated Franklin Square in Washington, DC

Retrieved on: 
Monday, March 6, 2023

WASHINGTON, March 6, 2023 /PRNewswire/ -- Avison Young announced today the closing of 140,000 square feet (SF) in lease transactions at 1300 Eye Street NW in Washington, DC over the last 18 months.

Key Points: 
  • WASHINGTON, March 6, 2023 /PRNewswire/ -- Avison Young announced today the closing of 140,000 square feet (SF) in lease transactions at 1300 Eye Street NW in Washington, DC over the last 18 months.
  • The 485,000-SF historic building, commonly referred to as Franklin Square, recently underwent a stunning renovation to transform it into an iconic trophy office building.
  • Since the renovations delivered in early 2021, Nuveen and leasing partner Avison Young have executed five new leases totaling 112,000 SF, and two lease renewals totaling 28,000 SF.
  • "We are pleased to welcome these new tenants and continue the partnerships with existing tenants at Franklin Square," Stern said.

KBRA Assigns Preliminary Ratings to GSMS 2021-GSA3

Retrieved on: 
Friday, December 10, 2021

Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 17 classes of GSMS 2021-GSA3, a $625.1 million CMBS conduit transaction collateralized by 39 commercial mortgage loans secured by 85 properties.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 17 classes of GSMS 2021-GSA3, a $625.1 million CMBS conduit transaction collateralized by 39 commercial mortgage loans secured by 85 properties.
  • The collateral properties are located throughout 41 MSAs, of which the three largest are Houston (10.4%), Washington - NoVA - MD (10.0%), and San Jose (9.4%).
  • KBRA capitalization rates were applied to each assets KNCF to derive values that were, on an aggregate basis, 41.9% less than third party appraisal values.
  • To access ratings and relevant documents, click here .

Avocet Tower, Designed by Pickard Chilton, Incorporates View Smart Windows to Deliver One of the Healthiest, Most Energy Efficient Buildings in DC Area

Retrieved on: 
Thursday, November 11, 2021

WASHINGTON, Nov. 11, 2021 (GLOBE NEWSWIRE) -- View, Inc. (NASDAQ: VIEW) (“View”), the leader in smart building technologies, has installed its Smart Windows as an integral design element of Avocet Tower, a highly-anticipated 22-story, 370,000-square-foot office building with wellness-focused amenities designed by award-winning architecture firm, Pickard Chilton.

Key Points: 
  • Floor-to-ceiling View Smart Windows are featured throughout Avocet Tower to complement open floor plans, high ceilings, and a unique interactive sculpture above the entrance.
  • View Smart Windows directly align with that goal, said Jane Mahaffie, Principal with Stonebridge.
  • View Smart Windows were instrumental in our design goal to make Avocet Tower one of the healthiest, most energy efficient and smartest buildings in North America, said Jon Pickard FAIA, RIBA, Principal of Pickard Chilton.
  • View Smart Windows offer significant health advantages by reducing the incidence of eyestrain and headaches by over 50 percent.