
1225 19th Street NW | Washington D.C.
The Jefferson Building is an eight-story, completely freestanding office building that includes valuable retail space on the first floor. Home to the Palm Restaurant, a popular locale frequented by congressman, lobbyists, and television personalities, Brickman saw the opportunity to create value in this under-managed building through minor cosmetic upgrades and improved tenant services. The firm sold the asset after only 18 months, which resulted in a significant return on its investment.
Property Details
- Property Type
- Office
- Investment Type
- Equity
- Acquisition Date
- May-02
- Realization Date
- Nov-03
