4530 Wisconsin Ave, NW, WASHINGTON, DC
Services Provided by Donohoe:
- Landlord Representation
Background:
4530 Wisconsin Ave. is a 50,000 SF office and retail building located in the Uptown submarket, adjacent to the Tenley Metro. Donohoe Commercial Real Estate has leased and fully managed the building since 1988.
Challenge:
After two large tenants vacated and other unexpected rollover resulted in four vacant floors, totaling approximately 35,000 SF of available space, DCRE initiated an extensive marketing campaign and broker outreach program to re-position and re-tenant the building.
Result:
Within 12 months, DCRE had finalized five lease transactions, backfilling all the building vacancy. In addition to finalizing a 10,000 SF transaction with a national retailer, DCRE completed two other full-floor, 10-year leases: one with an intellectual-property law firm, the other with a prominent medical group. These transactions showcased Donohoe’s ability to connect with the tenant market, manage multiple transactions simultaneously and create significant value for building ownership.