The Belgard Project Details Address Type Size Overview Foulger-Pratt and Tryline Capital have completed the acquisition of the 346-unit Belgard multifamily property in the NoMa neighborhood of Washington, D.C. The Belgard was developed in 2018 through a joint venture between Wood Partners and CBRE Investment Management. The investment group purchased the Belgard for $107.75 million,Continue reading “The Belgard”
Property Type Archives
Tysons Central
Completed in 2022, Tysons Central is 388,000 square feet of next-generation office space, located just steps away from the Greensboro Metro in the heart of the incomparable Tysons market. The building includes 19,000 square feet of retail, three levels of below-grade parking, and seven levels of above-grade parking, totaling 688,000 square feet. The 20-story, column-free, office tower features a sky lobby with an outdoor terrace and opportunities for private terraces. The building resides in a mixed-use environment set to include 1,100 residential units, 200 hotel rooms, and 135,000 square feet of retail upon completion. It is likewise immediately adjacent to The Boro – the hottest up-and-coming mixed-use development in Tysons packed with a mix of fun, casual dining spots and business-quality restaurants. From safe cleaning practices to health services and air and water quality monitoring protocol, Tysons Central supports the health and safety of all tenants and visitors and is WELL Health-Safety rated. In addition to the onsite metro access and plentiful on-site garage parking, the building is just 30 minutes away from downtown DC and 20 minutes from Dulles International Airport.
ONE501 – Eckington Park
ONE501 is a 327-unit residential apartment building located in the historic and trendy Eckington neighborhood of Washington, DC. The building is comprised of a mix of studio, one-, two- and three-bedroom homes and includes 7,500 square feet of retail space positioned at its base. The property features unique amenities such as a courtyard pool and sundeck, 6th-floor terrace with views of the US Capitol and Washington Monument, and an indoor/outdoor fitness center. The project is located directly across from the newly delivered Brooklyn Boulders, a climbing gym and coworking space, and Union Kitchen. It also offers proximity to the NoMa/Gallaudet Metro, Union Market, the Metropolitan Branch Trail, and direct access to the award-winning Alethia Tanner Park, heralded as DC’s Best Dog Park in 2022 by the Washington City Paper.
327 S Street
Foulger Pratt acquired 327 S Street alongside Boundary Companies in 2017. Boundary Companies managed and leased the property until March 31, 2023, when Foulger Pratt took over management of the 120-year-old building boasting exposed brick and 20’ high ceilings that were restored during an extensive renovation. Anchoring the warehouse is Lost Generation Brewing Company, a new DC hot spot, and popular DC retailer, Salt & Sundry, who operate a 3,000 square foot private venue retail out of the warehouse, hosting some of the city’s most memorable events.
Press House Warehouse
Located at the epicenter of several successful, high-density, amenity-rich neighborhoods, including Union Market, NOMA, Shaw, and the H Street corridor, Press House is a mixed-use community currently anchored by Trader Joe’s, located directly across Florida Avenue. Its residential, retail, and rehabilitated historical structure serve as a HQ to a DC-based creative office firm and a high-end barber, Scotch and Scissors. The Warehouse is comprised of 25,000 sf of office and an additional 27,000 sf of retail space, which delivered in June of 2021. Retailers continue to flock to the neighborhood as an alternative to Union Market and the NOMA areas.
Research Row
Located adjacent to I-270 with highway visibility in excess of 250,000 vehicles a day, this project adds a much-needed amenity base to a traditional suburban office market. The property is currently home to several retailers including Cooper’s Hawk Winery and Restaurant, OneLife Fitness, Chick-fil-A, Robecks Juice and Sola Salons, and is programmed for additional in-line shop space, pad parcels and second-floor medical office space. The project is a joint venture with the landowner.
12425 Park Potomac Ave.
Leveraging Foulger-Pratt’s medical office expertise, this Class A medical office and retail building reflects the evolution of health care delivery away from the expensive hospital setting and into the community. The building’s use as a medical office allows additional use as conventional office space and will leverage both the amenity-rich environment of Park Potomac and the aging demographic population that is attracted to the walkable mixed-use environment.
Beckert’s Park
Located in SE Washington DC’s Capitol Hill neighborhood, Beckert’s Park is a five-story, mid-rise, 590,951 square foot, Class-A apartment community comprised of 325 residential units, a 60,000 sf ground-floor Safeway, roughly 8,000 square feet of neighborhood retail, and 14,000 square feet of interior amenities. The 2.75 acre site sits at a prime location at the corner of 14th and D Street SE, and was originally a 50,384 square foot Safeway grocery store. The new building sits above a podium with two below-grade parking levels, one dedicated to Safeway and one dedicated to residents. The Project has three courtyards, two above the podium and one at ground level, adjacent to the amenity spaces. The 325 units include one-, two- and three-bedroom apartments which are all crafted for comfort and luxury. Interior unit amenities include views of the Capitol building and Washington Monument, designer kitchens with quartz countertops, wood-look flooring with carpeted bedrooms, chef islands, and kitchen pantries. Amenities include a luxury pool with outdoor grills and dining area, an expansive lobby, a multifunction sport court, a fitness center, a golf simulator room, a game room, a dog wash, and a dog park. The courtyards and site improvements include brick pavers, synthetic turf, stone veneer walls, a variety of site furnishings, playground equipment, multiple decorative railings, and architectural metal screen wall, and landscaping throughout, including 44,000 sf of green roof and bioretention area.
72 Florida Avenue
The project is an eight-story, 166,000 square foot self-storage facility located in the thriving NoMa/Union District/Eckington corridor along Florida Avenue in northeast DC. The project opened for leasing in March 2020 and was sold in August 2022.
Park Potomac Retail
Park Potomac is home to a desirable retail lineup including Founding Farmers, Gringos & Mariachis, King Street Oyster, Harris Teeter, Love Couture Bridal and Orange Theory Fitness along with complementary services perfect for the residential and commercial offerings also found onsite. Year-round programming including artesian markets, concerts and pet-friendly events draw in the surrounding community, which can easily access the site with a dedicated exit from I-270 and a location only minutes from I-495. The site is equipped with surface, street and garage parking.
Additional phases of Park Potomac call for residential, commercial and retail square footage. At completion, the site will be one of Montgomery County’s most desirable live/work/play communities.