575 7th St NW
Washington, DC 20004
Terrell Place · Office Property For Sale
Executive Summary
Terrell Place, Washington’s newest tech destination, is located in the heart of the district along the vibrant 7th Street Corridor. The property is across the street from Capital One Arena, home to Washington’s NBA and NHL teams as well as the host of countless concerts, shows, and events throughout the year, and the Gallery Place Metro Station, a hub for the metro lines serving some of the most sought-after residential neighborhoods in the city. The neighborhood’s energy, vibrancy and connectivity has proven to be a strong draw for Washington's millennial workers and thus a highly desirable location for tenants like Facebook. With $48 million in recent capital improvements, Terrell Place, a 450,206 square foot world class trophy asset completed a stunning renovation which included the installation of one of the largest and most sought after rooftop and amenity space in the city. The dynamic renovation, captivating digital lobby experience, and rooftop amenity spaces, combined with the draw of the neighborhood, properly positioned Terrell Place to capture two of today's top tech giants. A truly one-of-a-kind offering in Washington, DC, Terrell Place differentiates itself from other trophy assets through its masterful renovation and its high-profile tenant roster. By transforming this historic asset into a state-of-the-art technology focused property, Terrell Place successfully harmonized the asset's full renovation with the neighborhood's energy and creative workforce resulting in one of Washington's most exciting assets.
Property Facts
| Property Type | Office | No. Stories | 11 |
| Building Class | A | Year Built/Renovated | 2003/2017 |
| Lot Size | 1.35 AC | Parking Ratio | 0.82/1,000 SF |
| Rentable Building Area | 532,469 SF | APN / Parcel ID | 0456-0884 |
| Zoning | D-6-R - High-Density Commercial Development | ||
| Property Type | Office |
| Building Class | A |
| Lot Size | 1.35 AC |
| Rentable Building Area | 532,469 SF |
| No. Stories | 11 |
| Year Built/Renovated | 2003/2017 |
| Parking Ratio | 0.82/1,000 SF |
| APN / Parcel ID | 0456-0884 |
| Zoning | D-6-R - High-Density Commercial Development |
Amenities
- Conferencing Facility
- Courtyard
- Fitness Center
- Bicycle Storage
- High Ceilings
- Natural Light
- Air Conditioning
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
