• Type

    Office, Mixed-Use

  • Fund

    Fund I

  • Address

    700 K Street, 800 K Street & 801 Eye Street, NW
    Washington, DC 20001

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Anthem Row

Washington, DC

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Property Overview

800 K Street and 801 Eye Street are adjoining 12-story office towers situated in a trophy location in the core of the East End submarket, DC’s premier and most sought after office hub. Consisting of approximately 760,000 square feet, the Energy Star-rated buildings are situated directly across from the vibrant mixed-used $950 million CityCenterDC development and within three blocks of all five Metro lines. The properties feature an iconic presence on two corner sites with extensive window lines and unparalleled views.

Investment Strategy

Meridian acquired the fee simple interest in 800 K Street and 801 Eye Street in April 2014 at a substantial discount to replacement cost. Based on the property’s size, surrounding development projects, Metro access and its prime position in the East End submarket of Washington, 800 K Street and 801 Eye Street have the potential to create tremendous value through a strategic repositioning of both the office and retail components. Meridian is currently in the process of executing its business plan, which will activate the ground level retail and fully renovate the two office buildings in order to attract both public and private tenants.