WASHINGTON, DC – October 9, 2012 – Douglas Development is pleased to announce 17 new office and retail tenants located throughout the Washington Metropolitan area. These additions, all completed between the months of May 2012 and August 2012, total 135,000 square feet leased to new tenants of Douglas Development.
“August marks the end of a very successful Summer of 2012 for us. We are thrilled to have all of our new tenants, and believe that they will bring new business to the area, and continue to position Washington, DC as a world class commercial and retail destination,” said Douglas Development Principal, Norman Jemal.
Among others, new office and retail leases with Douglas Development as of summer 2012 include: Shake Shack at 800 F Street, NW (3,205 square feet), iStrategyLabs, LCC at 1630 Connecticut Avenue, NW (6,171 square feet), Alliance for Automobile Manufacturers, Inc. at 801 7th Street, NW (16,811 square feet), Excelerate Discovery, Inc. at 1025 F Street, NW (13,000 square feet), and The Alliance for American Manufacturing at 709-711 D Street, NW (5,860 square feet). In addition to new tenants, Douglas Development has renewed leases with several tenants, headlined by Honeywell Technology Solution, Inc. at 7515-7535 Mission Drive (13,516 square feet) and Pitney Bowes Management Service, Inc. at 3330-3360 New York Avenue, NE (19,262 square feet).
“A vibrant retail and commercial district is a city’s core and is treasured by its residents; we want to continue to bring in tenants that will improve DC’s commercial corridors and showcase DC as a home for global brands,” added Jemal.
Douglas Development looks to continue the growth of their leasing throughout the Fall and Winter of 2012, and into next year. “We view this summer as the beginning of a sustained growth cycle for our firm, and we look forward to further building on the strengths of the DC real estate market in the months ahead,” finished Jemal.
About Douglas Development
Douglas Development’s commitment to improving neighborhoods and bringing valued brands to the District is unparalleled. Currently the largest private property owner in the area, Douglas Development attracts and pursues the most sought after tenants, including luxury retailers and upscale restaurants. Douglas Development’s properties in the East End of Washington, DC have served as drivers for the continued growth of the area. Today the East End is known as a destination for shopping, dining, and luxury condominiums in the District.