
Maritime Plaza | Washington, DC
Maritime Plaza is comprised of two office buildings located in the Southeast sub-market of Washington D.C. The buildings are situated within an 11.2-acre secure office park and contain 345,736 square feet of class-A office space. The buildings are situated within a master-planned development that will eventually include additional upscale office properties, as well as a hotel. The acquisition provided Brickman with an opportunity to acquire two top-notch assets in the Washington D.C. market with a credit tenant roster. Since acquisition, occupancy increased from 91% to 100%. Due to an increase in tenant demand, Brickman completed construction on an additional 16,000 square feet and has since sold the asset as 100% leased.
Property Details
- Property Type
- Office
- Investment Type
- Equity
- Rentable Area (S.F.)
- 345,000
- Year Built / Renovated
- 2001 / 2003
- Investment Date
- Oct-05
- Realization Date
- Jul-10
