Case Studies : 1425 New York Ave Washington, D.C.

Fast, decisive action and leveraging of local relationships allowed us to retain a vital tenant and upgrade this prime office property.

It was a property with great potential given its enviable address just two blocks from the White House. The challenge: a major tenant with near-term lease expiration. Thanks to strong relationships with local brokers, Amstar convinced the key tenant that we would manage and finance an extensive capital improvement program.

Four years later it was a showcase, Class-A, fully leased building. Among the tenants was the Department of Justice, whose new $100 million lease was among the largest transactions in the District that year.